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Home / Opinion Digests / Employment Law / Execs had no proof asset sale was fraudulent (access required)

Execs had no proof asset sale was fraudulent (access required)

Where two executives are owed money under severance agreements, they failed to show that a new company that purchased their employer’s assets is responsible for the payments because the facts showed the new entity was not a continuation of the old one. Background Edward Odjaghian and Gordon Nasta worked as executives for EngagePoint Inc. When EngagePoint began ...