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  1. #1
    Join Date
    Sep 2016
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    13,916

    Default If You Acquire a Business Do You Also Acquire its Contractual Obligations

    If you acquire another company, and that company has a contract with a supplier that you would like to simply terminate, is there a way to avoid having to follow its early termination provisions or do you have to abide by the contract?

  2. #2
    Join Date
    Sep 2005
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    98,846

    Default Re: If You Acquire a Business Do You Also Acquire its Contractual Obligations

    The first place to look is in the contract itself. If nothing in the contract prevents its assignment or acquisition, then the normal rule is that when you acquire a company you also acquire its obligations.

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