{"id":4783,"date":"2019-11-25T09:00:51","date_gmt":"2019-11-25T14:00:51","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4783"},"modified":"2019-10-07T12:03:18","modified_gmt":"2019-10-07T17:03:18","slug":"circuit-finds-no-successor-liability-from-buying-assets-and-continuing-the-business","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4783","title":{"rendered":"Circuit Finds No Successor Liability from Buying Assets and Continuing the Business"},"content":{"rendered":"\n
The Eighth Circuit recently held that a purchaser has no\nsuccessor liability to a debtor’s unpaid creditors. Both in the business of\nroasting coffee, the buyer declined to directly purchase assets from the debtor\nbecause the debtor had substantial liabilities. The buyer wanted to buy the\nassets from the bank, who took the assets from the seller. According to\nthe agreement between the buyer and the bank, the bank would not be responsible\nfor any debts owed by the debtor.<\/p>\n\n\n\n
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If you are in financial trouble and would like to speak to an\nattorney, call our law office at 816-524-4949 or visit our website at\nHoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"