Originally Posted by
bocastephen
After a series of calls and escalations, I was finally able to open a dispute case with Amex over Sunrocket. No guarantee about the outcome, but if Packet8 and the other company are buying SR's assets, that should include credit card liabilities, and thus they should get hit with the chargebacks.
Normally, when a company buys just the assets, they do so to specifically avoid liabilities.
I can personally attest that I've been involved in "asset purchases" where we bought every asset the company had -- furniture, phones, computers, patents, intellectual property, buildings, etc. but specifically did not purchase the corporate entity precisely for concerns of liabilities.
Steve