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Old 03-13-2010, 06:37 PM  
Adraco
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Join Date: May 2009
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Quote:
Originally Posted by Quagmire View Post
Definitely not that easy to get away from a lawsuit and hide assets. It would be the new owner's fault for not doing proper due diligence on the company and its assets that he was purchasing. Ignorance would never fly as a valid excuse.
If you only sell the assets, it's a lot easier to run like this. The domain itself carries no liabilities as it's an asset. It could however be argued that the domain is also a brand or even part of a business process and therefore able to bear liability, as far as I know that has yet to be done and successful. When doing a purchase accross borders, it's always a lot easier to just sells assets leaving the selling company empty and then just take up the assets in the purchasing company.
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