Legal Question in Business Law in Connecticut
I am interested in buying a medical equipment company that I have worked for 22 years. Should the owner deduct the receivables debt from the selling price? Or should a person buying it have to take on all debts owed?
Asked on 11/27/09, 9:36 am
1 Answer from Attorneys
Max Rosenberg
Rosenberg,Whewell, & Hite, LLC
This is completely dependent upon the manner in which you and the seller choose to structure the transaction.
Answered on 12/02/09, 9:43 am
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