Successor Corporation Liable for Predecessor

Successor Corporation Liable for Predecessor - When a new company takes over the assets and liabilities of a previous company, the new company can be held responsible for any legal claims against the previous company.

Class Information

Identification

Label (rdfs)
Successor Corporation Liable for Predecessor
Preferred Label
None
Alternative Labels
N/A
Identifier
N/A

Definition and Examples

Definition
When a new company takes over the assets and liabilities of a previous company, the new company can be held responsible for any legal claims against the previous company.
Examples
  • N/A

Translations

es-es
Corporación sucesora responsable del predecesor
es-mx
Corporación sucesora responsable del predecesor
pt-br
Corporação sucessora responsável pelo predecessor
de-de
Nachfolgegesellschaft haftet für Vorgänger
fr-fr
Société successeur responsable du prédécesseur
en-gb
Successor Corporation Liable for Predecessor
he-il
חברה משיכה אחראית על הקודמת
hi-in
उत्तराधिकारी कंपनी पूर्ववर्ती के लिए उत्तरदायी होती है
ja-jp
後継会社は前任者に責任を負う
zh-cn
继任公司对前任公司负责

Class Relationships

Parent Class Of
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Is Defined By
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See Also
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Additional Information

Comment
N/A
Description
N/A
Notes
  • N/A
Deprecated
False

Metadata

History Note
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Editorial Note
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In Scheme
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Source
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Country
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