Check issue - GoFuckYourself.com

DirtyProfits · 01-28-2008, 03:36 PM

If a company buys another company, must they pay the old affiliates checks? What if the check is 2 years old?

fluffygrrl · 01-28-2008, 05:03 PM

If bought company was bought after filing for chapter 11, or as assets in a chapter 11 proceeding, then no.

If bought company was bought as part of some court supervised transaction, or other bankruptcy-avoidance deal, then possibly, maybe, baby.

If bought company was bought as an arrangement between solvent parties, then yes.

Notlegaladviceconsultlawyerdisclaimer.

F-U-Jimmy · 01-28-2008, 06:12 PM

Most checks are void after 180 days

DirtyProfits · 01-28-2008, 06:28 PM

Quote:

Originally Posted by F-U-Jimmy

Most checks are void after 180 days

But then you could get the check re-issued, no?

01-28-2008, 03:36 PM	#1
DirtyProfits Confirmed User Join Date: May 2005 Posts: 1,885	Check issue If a company buys another company, must they pay the old affiliates checks? What if the check is 2 years old?

01-28-2008, 06:12 PM	#3
F-U-Jimmy Confirmed User Industry Role: Join Date: Apr 2006 Location: Visiting a city near you soon ! Posts: 6,853	Most checks are void after 180 days __________________ icq. 176240424 44.years as a pornographer !!!!!!!!!!!

01-28-2008, 05:03 PM	#2
fluffygrrl So Fucking Banned Join Date: May 2006 Posts: 2,187	If bought company was bought after filing for chapter 11, or as assets in a chapter 11 proceeding, then no. If bought company was bought as part of some court supervised transaction, or other bankruptcy-avoidance deal, then possibly, maybe, baby. If bought company was bought as an arrangement between solvent parties, then yes. Notlegaladviceconsultlawyerdisclaimer.