Questions & Answers
Suing a company for an unpaid invoice after being transferred to another company
Company (X) has an unpaid invoice to the company (Y). They filed a suit against (X), but the company was transferred to another company as another legal entity (Z).
Will (Z) be liable to (Y)?
Can (Y) sue (Z) for the unpaid debts of (X)?
Looking for advice!
Dear Questioner,
Yes, company (Z) will be liable to make the payment of debts unpaid to the company (X).
Please send me a copy of the documents via email so that I can review the same and guide you with the next steps.
Thanks!
Good Day!
In general, there are no direct legal obligations, which varies in case the transfer was done by changing only the name of the company with the same ownership, then (Z) will be liable to (Y) and (Y) can file a claim against both of them, stating the current name shown in the new license & the previous name as well as attaching the 2 licenses.
