Blog Archives

M&A Bankruptcy Auction Buyer’s Liability to Another Bidder

Discover the complexities of M&A transactions within bankruptcy contexts in our latest blog post, “M&A Bankruptcy Auction: Buyer’s Liability to Another Bidder.” This insightful piece delves into a recent case where a prospective buyer of a distressed business navigates the

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M&A and Union Employees: A Risky Proposition for Asset Buyers

Explore the complexities of M&A deals involving union employees in our latest blog post. Learn from the case of International Painters And Allied Trades Industry Pension Fund v. Hess Glass Company and the potential risks for asset buyers. M&A Stories

Posted in Problem with Union Pensions Tagged with: , , , , , , , , , , , , , , , , , , ,

FORMER SELLER EMPLOYEE’S LAWSUIT AGAINST BUYER NOT SUBJECT TO SELLER’S EMPLOYMENT AGREEMENT ARBITRATION PROVISION

Seller outside sales reps agreed to arbitration. Buyer purchased seller’s assets. Buyer hired sales reps who later sued buyer for overtime. Buyer can’t use seller arbitration provision to force sales reps into arbitration. M&A Stories February 15, 2023 Introduction In

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BUYER OF SEARS ASSETS IN 2019 ACQUISITION NOT RESPONSIBLE FOR SEARS’ 2015 CUSTOMER WARRANTY LAWSUIT

The buyer, in the asset purchase agreement, assumed warranty obligations owed to pre-closing sales made to Sears customers, except for customer claims made prior to the closing date. M&A Stories October 10, 2022 Introduction In 2019, the buyer of Sears

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BUYER OF DISTRESSED BUSINESS ASSETS NOT LIABLE FOR SELLER’S CORPORATE LEASE: A CASE STUDY

Georgia state trial and intermediate appellate court held that the buyer who paid “reasonably equivalent value” for most of the assets of seller’s business, was not responsible for the insolvent seller’s corporate headquarters lease because the buyer did not assume

Posted in Problem with seller lessor or landlord Tagged with: , , , , , , , ,

Buyer’s Liability in M&A Deals: Understanding Product Line Exceptions

Explore the concept of buyer’s liability in M&A deals and the impact of product line exceptions. Learn from the McAllister v. Mcdermott case and understand how to manage potential risks when acquiring manufacturing businesses. M&A Stories December 02, 2020 Introduction:

Posted in sale of product line, successor liability Tagged with: , , , , , , , ,

Buyer Bound by Bankruptcy Court’s Sale Order Despite Non-Signing of Purchase Agreement

Explore a case involving a Section 363 bankruptcy sale where a buyer’s liability was upheld by the court despite not signing the purchase agreement. Gain insights into the legal implications of court-approved sales orders in distressed business acquisitions. March 11,

Posted in bankruptcy sale, distressed business acquisitions, sales order, Section 363 sale Tagged with: , , , , , , , , , , ,

Buyer Beware: Unforeseen Pension Liabilities in M&A Asset Deals

Dive into the complexities of M&A asset deals with our latest blog post, ‘Buyer Beware: Unforeseen Pension Liabilities.’ Explore the cautionary tale of a private equity group navigating the legal pitfalls of acquiring a Maui hotel and assets with unionized

Posted in federal multiemployer pension plan withdrawal liability, successor liability Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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