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To: N. Dixon who wrote (308)11/19/2013 5:41:19 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 1604
 
If the new owners bought the company, they would carry all of the liabilities and should have to honor any contracts.

If they only bought the intellectual property, then there is no obligation to honor past contracts or debts.