Mergers and Acquisitions and Successor’s Liabilities
Many of today’s mergers and acquisitions have a hidden “Russian Roulette feature” which if unaddressed, could prove to be financially fatal years after a deal is completed. Mergers and acquisitions have played a major role in the business marketplace for many years. Many companies acquired other entities with little thought to the potential liabilities that they could inherit which is known as successor liability. If they did nothing to protect themselves from future litigation arising out of successor liability, these lapses in judgment could come back to haunt them.