Avoiding Corporate Successor Liability in Asset Purchases
Partner and co-chair of Herrick's Corporate Department, Morris DeFeo, spoke at a BARBRI Live Webinar CLE course titled "Avoiding Corporate Successor Liability in Asset Purchases." This CLE course guided M&A and other counsel in mitigating the risk of successor liability with asset purchases.
The panel reviewed these and other key issues:
- The circumstances under which asset buyers may be held liable as successors for claims made against prior owners.
- Considerations for counsel when assessing whether to advise a client to proceed with an asset purchase instead of a stock acquisition or merger transaction.
- Best practices for deal counsel to mitigate the risk of successor liability when negotiating an asset purchase agreement.
Speakers:
- Leah S. Baucom, Partner at K&L Gates, LLP
- Morris DeFeo, Partner & Co-Chair, Corporate at Herrick