06-24-2010, 10:10 PM
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I help you SUCCEED
Industry Role:
Join Date: Nov 2003
Location: The Pearl of the Orient Seas
Posts: 32,195
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You would be a successor in interest. If the asset you're buying constitutes the whole business, you might be on the hook. Definitely talk to an attorney. This might be a case of unwittingly stepping on a landmine.
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