Legal Question in Business Law in Washington

asset purchage agreement

Can an LLC puchase the

assets of another LLC but leave

the liabilities for a percentage of

the LLC?

How would you know what the

percentage was worth?

And where does that leave the

other LLC left with all the liabilities?


Asked on 2/05/08, 10:58 pm

1 Answer from Attorneys
Dan Harris Harris & Moure, pllc

Re: asset purchage agreement

It is certainly possible to purchase the assets of an LLC without taking on the liabilities, but one must be very careful with the contract when seeking to do this.

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Answered on 2/06/08, 8:30 am


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