Court held that institute’s allegations if true could establish that the buyer knew or should have known that the seller’s owners had stolen the trade secrets from the medical research institution. M&A Stories February 3, 2022 Introduction: In this blog,…
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MEDICAL RESEARCH INSTITUTE CAN SUE BUYER OVER TRADE SECRET MISAPPROPRIATION BY FORMER RESEARCH SCIENTISTS
Posted in Problems with intellectual property Tagged with: Biotech Company, Due Diligence in Acquisitions, Exosomes and Medical Research, Healthcare Management Provider, Intellectual Property and Trade Secrets, M&A legal blog, Medical Research Institute, Ohio federal district court, Research Institute Lawsuit, Trade Secret Misappropriation
Buyer Prevails in Successor Liability Dispute with Union After Asset Purchase
Explore the legal battle between a buyer and a seller’s union in this M&A case. Learn about the dispute, key legal arguments, and the importance of due diligence in asset purchases. September 4, 2019 M&A Stories Introduction: In this ongoing…
Posted in actual knowledge, constructive knowledge, successor liability, union liabilities Tagged with: asset purchase agreement, BAC Local Union 15 Welfare Fund v. Williams Restoration Company, Business asset sale, Buyer and seller union, Buyer's intent, Due Diligence in Acquisitions, Employee health insurance, Federal common law, Legal action in Kansas federal district court, M&A legal case, Successor liability dispute, Union contract, unpaid union contributions
Buyer’s Asset Acquisition: No Responsibility for Seller’s Alleged Forced Labor Liability
Explore a complex M&A case involving the liability of a buyer for a seller’s alleged forced labor issues. Discover how the court ruled in favor of the buyer, highlighting the importance of thorough due diligence in mergers and acquisitions. M&A…
Posted in asset purchase agreement, Buyer beware, federal employer liability, notice, seller rep of no federal employer liability, successor liability Tagged with: asset purchase agreement, Buyer's asset acquisition, Buyer's responsibility, Carter v Paschall Truck Lines Inc, Class action lawsuit, Court ruling in M&A, Due Diligence in Acquisitions, Federal forced labor statute, Forced labor liability, Lease agreements in M&A, Legal implications in M&A, M&A Case, M&A legal blog, Merger and acquisition law, Seller's asset sale, Seller's unlawful conduct, successor liability, Trucker's claims
Federal Court Ruling on Asset Buyer’s Liability for Seller’s Wage and Hour Issues
Explore the intricacies of a recent federal court ruling in Diaz v. Slayton One Cleaner Inc., dissecting the responsibility of asset buyers for seller’s wage and hour issues in M&A transactions. Understand the court’s decision and its implications for small…
Posted in due diligence, federal wage and hour violations, successor liability Tagged with: Asset Buyer Liability, Diaz v. Slayton One Cleaner Inc., Due Diligence in Acquisitions, Federal court ruling, M&A legal blog, New York M&A Cases, Seller's liabilities, Small Transaction Red Flags, Successor liability doctrine, Wage and Hour Issues
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