Legal Question in Business Law in Florida
I recently bought a web hosting business and everything has being going ok. Today I found that the the previous owner is invoicing clients for past due amounts on their hosting without my knowledge, even threatening with service disruption.
Is it legal for the previous owner to:
1. Invoice in the name of my company, the company I bought from them and which was transferred to us?
2. Cash checks received for the company?
Asked on 8/18/09, 9:21 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
1. No
2. No
It also depends upon whether your purchase included the moneys owed to him or not and how your purchase agreement reads.
Answered on 8/18/09, 11:03 am
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