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Can buyer be held liable for seller's suspended corporation judgment after COE of a restaurant business purcha

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The BAF Group LLC
MD

The answer is probably not, but depends on a lot of factors that need to be understood in the context of the original contract of sale. Instead of wasting time on this kind of bulletin board - which is worthless in dealing with specific, technical issues such as legal problems, business valuations and such - you need to get to an experienced Attorney. If this is happening to you, time could be deadly for your business. Even if you have no liability, your vendors and others may not understand your position, and they can do critical damage to your business, if you delay. Electronic bulletin boards do not completely take the place of an Attorney, an Accountant or a Business Broker.

Apr 10, 2013

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