Blog Archives

NY COURT RULES BUYER DIDN’T INHERIT UNEMPLOYMENT EXPERIENCE ACCOUNT IN BUSINESS ASSET PURCHASE

Learn about a recent New York court decision where the buyer of a business was found not liable for the seller’s higher unemployment insurance rates. The court clarified the criteria for acquiring goodwill in a business asset purchase. M&A Stories

Posted in seller's unemployment experience rating, successor liability Tagged with: , , , , , , , ,

Franchise Asset Buyer Didn’t Inherit Seller’s Unemployment Tax Experience Rating

Learn about a case where a buyer of franchise assets fought off a state’s attempt to impose the seller’s high unemployment tax experience rating due to a franchise agreement. Understand the implications and legal outcomes. Read more on our M&A

Posted in franchise sale, seller's unemployment experience rating Tagged with: , , , , , , , , , , , , ,

Buyer Refunded $3.5M Due to Unemployment Tax Issue in M&A Deal

Learn about a legal case where a buyer was refunded $3.5 million due to an unemployment tax issue that arose after an M&A deal. Understand the importance of considering unemployment compensation tax when acquiring a business with employee turnover. July

Posted in seller's unemployment experience rating, successor liability Tagged with: , , , , , , , , , , ,

Unemployment Insurance Rating Surprises in M&A Deals: A Cautionary Tale

Explore a real-life M&A case where an unexpected unemployment insurance rating change led to a legal dispute. Learn about the importance of due diligence and pre-closure disclosures in asset acquisitions. August 9, 2019 M&A Stories Introduction: In the world of

Posted in seller's unemployment experience rating, seller's workers compensation experience rating, successor liability Tagged with: , , , , , , , , , , , , , ,

Buyer of Colorado restaurant assets stuck with seller’s higher unemployment tax rate liability even though buyer did not retain seller’s employees

Buyer began operating a restaurant in Palisade, Colorado (about 17 miles east of Grand Junction) after it acquired nearly all of the assets of Seller, which previously operated a different restaurant at the same location. Buyer acquired approximately 90% of

Posted in seller's unemployment experience rating, successor liability

Recent Comments

Categories