Check issue

[DirtyProfits]

If a company buys another company, must they pay the old affiliates checks? What if the check is 2 years old?

[fluffygrrl]

If bought company was bought after filing for chapter 11, or as assets in a chapter 11 proceeding, then no.

If bought company was bought as part of some court supervised transaction, or other bankruptcy-avoidance deal, then possibly, maybe, baby.

If bought company was bought as an arrangement between solvent parties, then yes.

Notlegaladviceconsultlawyerdisclaimer.

[F-U-Jimmy]

Most checks are void after 180 days

[DirtyProfits]

Most checks are void after 180 days

But then you could get the check re-issued, no?