A company taking over another one is not liable for the accounts payable to the Social Security by the bankrupt transferor

A company taking over another one is not liable for the accounts payable to the Social Security by the bankrupt transferor

by | Feb 28, 2018 | Bankruptcy law, Commercial law, Company law, Labour law, Social security, Uncategorized

In a company takeover, Spain’s Social Security [Tesorería General de la Seguridad Social – TGSS] has declared the joint and several liability of the acquiring company, regarding the accounts payable involving contributions and surcharges to the Social Security...