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Fair Labor Standards Act (FLSA) › Disclaimers

Shumaker, Loop & Kendrick, LLP

Insights - Spring 2013: Developing Federal Common Law of Successor Liability

Shumaker, Loop & Kendrick, LLP on

When a purchaser acquires substantially all the assets of a seller, the purchase agreement typically provides that the purchaser does not assume seller’s liabilities except to the limited extent specifically set forth...more

Morgan Lewis

Seventh Circuit Affirms Imposition of Successor Liability for FLSA Claims

Morgan Lewis on

Purchasing company is found to be subject to successor liability for federal employment-related claims, even where it explicitly disclaimed such liability in the transfer of assets....more

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