Except in very limited circumstances, your lease will continue with the new owner. This does not mean the new owner will be required to continue your lease after it expires, unless that is required in your lease. If anything other than that happens, you may need to contact an attorney. But my guess is, the new owner will be very happy to have good tenants like you already occupying the property.
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The new owners are subject to the leases which are in place. You should be OK at least until your lease expires. It might be a good idea to meet with the new owners when the dust settles.Ask a similar question
It is impossible to tell from your question whether you were served with a lawsuit. I suggest you take the papers your received and you lease to a local attorney to discuss your options.
This is not legal advice and I am not your attorney. Always consult with a licensed attorney in your state before taking any action.Ask a similar question