01Sep
When Actions Speak Louder Than Words: Implied Assumption of Debt of an Acquired Business
When considering whether to acquire a business through an asset sale, it is important for the purchaser to analyze what, if any, of the seller’s liabilities it must assume to continue the seller’s operations. Prudent purchasers examine a multitude of factors (see our articles on successor liability and fraudulent transfers) in deciding whether to assume debt, including whether more cost effective alternatives exist for the space, goods or services......
By:
White and Williams LLP
Related
In Town of Brookhaven v Golemi, 2019 NY Slip Op 51477(U) [Sup Ct, Suffolk County 2019], the Town of ...
Read More >
8 months on since the outbreak of the COVID-19 pandemic in Singapore, the pandemic continues to pose...
Read More >
Yesterday, once again without an open meeting, the SEC voted (with a dissent from Commissioner Allis...
Read More >
South Florida has always been known as a destination for retirees and people who want a more laidbac...
Read More >
Title VII of the Civil Rights Act of 1964 provides specific time limitations for filing EEOC charges...
Read More >
In France, the Professional Future Law of September 5, 2018, amended the Employment Obligation of Di...
Read More >