Legal Question in Product Liability in Virginia

Old company owner signs a contract. The company goes as a split 51% to the new owner and 49% to the old owner. Is it possible for the new owner to change the old signed contracts?

Asked on 2/08/11, 8:49 pm

1 Answer from Attorneys

Michael Hendrickson Michael E. Hendrickson

Would seem to depend upon what rights of ownership the new owner acquired in

his purchase contract.

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Answered on 2/09/11, 6:30 am

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