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Successor Liability

Due Diligence in Mergers & Acquisitions: Wage-and-Hour Liability Can Pass to Successor Businesses

Liability for wage-and-hour violations under federal employment laws may flow through to a successor business entity, even if a transaction is structured as an asset sale, rather than a stock sale.

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Posted in Business, FLSA, Labor & Employment, Wage and Hour and tagged Asset Purchase, Asset Sale, Bankruptcy, Business Acquisition, Business Sale, employment law, labor law, Overtime, Successor Entity, Successor Liability, Wages on April 3, 2019 by Brandon Grysko. Leave a comment

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