• teft
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    207 hours ago

    Sounds like the new owner didn’t do due diligence when inspecting what they were purchasing. Which means the new guy is an idiot and you probably shouldn’t trust your data with them.

    • @nucleative@lemmy.world
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      67 hours ago

      You can do due diligence as a buyer forever but if the seller lies or doesn’t disclose… Problems like these happen. Lawsuits are potentially incoming to figure that one out.

      • @driving_crooner@lemmy.eco.br
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        57 hours ago

        This is why any good merge and acquisition contract have stipulations that update the price of the transaction 6 months or a year after purchase.

        • sunzu2
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          13 hours ago

          Commercial litigation is expensive AF and unpredictable. Ideally, good DD should prevent it.

          But yeah, once you are fucked, get you a team of legal whores lol