It’s the company buyer’s responsibility to make sure they know about and honor existing contracts with the existing company, and it’s the company’s responsibility to provide that information to the buyer.
It is not ANYONE else’s responsibility to make them follow that. If something like this happens, the company(whether before or after the purchase) was in the wrong.
If the previous owner specifically make sure they do not know about that because they made a quick cash grab, how exactly do you imagine they should know about this?
But probably failure of due diligence because any seller who’s not a complete idiot would rather let the sale fail and let the company go bankrupt than risk committing fraud.
That’s not being fair to the new owners.
It’s the company buyer’s responsibility to make sure they know about and honor existing contracts with the existing company, and it’s the company’s responsibility to provide that information to the buyer.
It is not ANYONE else’s responsibility to make them follow that. If something like this happens, the company(whether before or after the purchase) was in the wrong.
If the previous owner specifically make sure they do not know about that because they made a quick cash grab, how exactly do you imagine they should know about this?
Not the customer’s problem. Also, fraud.
But probably failure of due diligence because any seller who’s not a complete idiot would rather let the sale fail and let the company go bankrupt than risk committing fraud.