Legal Question in Business Law in Indiana
Business
If busines''A'' is owned by a parent company''B'', and business ''A'' closes it's doors, is company ''B'' liable for company ''A'''s debt? No bankruptcy has been declared. Can one sue company ''B''? thanks
Asked on 5/17/07, 1:22 pm
1 Answer from Attorneys
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: Business
That depends on a number of factors. You need to hire an attorney to do a preliminary investigation. Once that is completed, the attorney should be able to guide you properly. Good luck.
Answered on 5/19/07, 10:24 pm
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