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What's the Deal with GriefCom?
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<blockquote data-quote="Dannyalcatraz" data-source="post: 3100268" data-attributes="member: 19675"><p>Yes there are reasons for statutes of limitations, and some of them are quite long.</p><p></p><p>In fact, some are very open ended. If an action can be considered part of a continuing pattern of malfeasance, the statute <em>may not even begin to run</em> until a particular triggering event occurs.</p><p></p><p>Sorry, FTDM, if those writers and artists, etc. had a legit beef with TSR, WotC is likely to be liable as their successor in interest.</p><p></p><p>If I were to buy out a contractor's business, I'd be able to collect on all the jobs in progress that were started by the prior owner, but I'd be liable for contractual penalties, bad workmanship, etc. The only thing I wouldn't be on the hook for would be matters of <em>personal</em> liability- like if the previous contractor punched out somebody at the job site.</p><p></p><p>Simply put, unless you actually get it in the contract for sale, you can't buy a business without taking up both the benefits AND liabilities of the business.</p></blockquote><p></p>
[QUOTE="Dannyalcatraz, post: 3100268, member: 19675"] Yes there are reasons for statutes of limitations, and some of them are quite long. In fact, some are very open ended. If an action can be considered part of a continuing pattern of malfeasance, the statute [I]may not even begin to run[/I] until a particular triggering event occurs. Sorry, FTDM, if those writers and artists, etc. had a legit beef with TSR, WotC is likely to be liable as their successor in interest. If I were to buy out a contractor's business, I'd be able to collect on all the jobs in progress that were started by the prior owner, but I'd be liable for contractual penalties, bad workmanship, etc. The only thing I wouldn't be on the hook for would be matters of [i]personal[/i] liability- like if the previous contractor punched out somebody at the job site. Simply put, unless you actually get it in the contract for sale, you can't buy a business without taking up both the benefits AND liabilities of the business. [/QUOTE]
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