Legal Question in Business Law in Maryland
My employer owes me a year's worth of commission pay. I have this in writing signed by the President of the company and also an voicemail from him. Shortly afterward the company was sold to another contractor and is still using the former name in the business. I chose not to work for the new company/management and left. Who is responsible to pay the commissions due? If the new company is profiting from the name of the old company do they assume their debt as well? Thank you.
1 Answer from Attorneys
That all depends on what the sale agreement between the old owner and the new owner states. The new owner may have assumed the liability in the purchase; or the old owner may have kept all the liability. Its best to consult with an attorney to help make that determination and what the next step should be.
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