OK, the situation is something like this-
Company X has a contract with me, an individual. They owe me something-they have a liability towards me. Now, if a company Y takes X over, (it's a takeover, so X's identity is lost), is Y a stranger to the contract?
It's driving me absolutely nuts. Help, somebody!
2007-02-25 02:00:57 · 2 answers · asked by debergeracvat 2 in Politics & Government ➔ Law & Ethics
yup, same as a mail in rebate. idiots don't send it in.....if you lost your own contract you ain't gonna get paid. let me tell you what is implied in every contract...if it is not a written contract one of the parties to the contract is an idiot. if I asked you what was written in your contract would you answer be "I dunno". god I hate giving out free advice. you're lucky I am in a good mood.
2007-02-25 03:22:27 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, when company Y takes over company X they assume all liabilities and executed contracts.
2007-02-25 02:07:19 · answer #2 · answered by meathookcook 6 · 0⤊ 0⤋