• WestwardCycles10456@alien.topB
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    1 year ago

    financial irregularities and violations

    So they’re just allowed to get away with it because it happened under a previous ownership? If I went to the police and admitted to committing a murder would I get away with it just because I said that it happened 2 years ago and I had a different girlfriend at the time?

      • SanchoRivera@alien.topB
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        1 year ago

        How about this analogy: if the previous owners of a block of land buried toxic waste there, and after purchasing the land I discovered it and reported it, would I be let off the hook? Nope, I would be legally responsible for the clean up and the ongoing impacts. I could sue the previous owners but if they’ve hightailed it to a favourable jurisdiction then I’m left with the mess.

        • alg602@alien.topB
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          1 year ago

          Actually yes. It depends how you buy the land and the legal documents. That’s what reps and warranties and indemnifications are for in the documents.