The court did not buy the government’s argument that the acquisition would give the buyer “roughly 75% of the sugar sales in the Southeastern United States.” M&A Stories October 14, 2022 In recent times, there is a growing risk of…
Monthly Archives: October 2022
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…
BUYER OF VETERINARY SURGICAL BUSINESS ASSETS ACQUIRES RESTRICTIVE COVENANTS FROM EMPLOYEE’S EMPLOYMENT AGREEMENT
The seller’s employee unsuccessfully argued that his restrictive covenants could not be assigned to the buyer without his consent. M&A Stories October 5, 2022 Introduction In the world of mergers and acquisitions, when a buyer purchases a business, they often…
BUYER’S RIGHT TO DISPLAY EXPIRED COPYRIGHTED PHOTOGRAPHS ACQUIRED IN GROCERY CHAIN ASSET PURCHASE FROM BANKRUPTCY
Bankruptcy court held that the buyer purchased the assets free and clear of any copyright interests held by the photographer supplier. M&A Stories October 3, 2022 Introduction In a recent bankruptcy case, a buyer who acquired assets from a bankrupt…
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