Legal Question in Business Law in Florida
Negligence and selling of business
If a privately owned company is selling their business and I have a negligence lawsuit filed against them. Are they able to get out of it by selling the company or would the new company have the liability for taking over the old company?
Asked on 3/03/07, 2:45 am
1 Answer from Attorneys
John Forbes
Law Offices of John R. Forbes
Re: Negligence and selling of business
One or both companies will remain liable.
Answered on 3/03/07, 7:40 am
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