Asset Acquisitions: Assuming and Avoiding Liabilities

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913 Asset Acquisitions: Assuming and Avoiding Liabilities Byron F. Egan* Table of Contents I. INTRODUCTION ........................................ ........................................ ..... 914 II. WHETHER TO DO AN Asset PURCHASE ........................................ ....... 917 A. Purchased Assets ........................................ .................................. 917 B. Contractual 918 C. Intellectual Property 919 D. Governmental Authorizations ........................................ .............. 920 E. Assumed 920 F. Dissent and Appraisal Rights.

916 PENN STATE LAW REVIEW [Vol. 116:3 proceeding to seek damages or compel the buyer to proceed with the acquisition? If the buyer wants to close, could it be held responsible for

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