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Home / Opinion Digests / Contract – Accounting Firm Purchase – Due Diligence (access required)

Contract – Accounting Firm Purchase – Due Diligence (access required)

Defendant buyers of an accounting business, sued on their $145,000 promissory note used for partial payment, lose on summary judgment their counterclaim alleging fraud based on claims that plaintiff sellers impeded their efforts to perform due diligence on the firm prior to completing the asset purchase agreement, in this case from the Norfolk U.S. District ...