Successor Liability

May 21, 2015

OUTCOME: Client saved over $100,000

Using his old attorney, my client purchased assets of a distressed business by negotiating directly with the seller's bank. After the purchase, the Michigan Department of Treasury assessed my client fo ... r about $120,000 of the seller's back taxes based on Michigan's successor liability statute. My client hired me to contest the assessment administratively. After an informal hearing, the assessment was reduced by over $100,000.