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Would we need to send new Prelim Notices for a projects already started if we recently acquired a company?

California

We recently acquired a company and they had projects already started, would we need to send new notices (Preliminary) under the new company name?

4 replies

Nov 23, 2021

The suggestions you will get may depend on the type of acquisition -- successor by merger, asset purchase, etc. Will the entity that served the original preliminary notice cease to exist? Either way, it is likely a good idea to provide notice to all of the acquisition and the identity of the real party in interest.

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Jul 10, 2023

When acquiring a company, it is essential to assess the legal obligations of ongoing projects. In the case of preliminary notices, it depends on various factors, including contractual agreements and local regulations. To gain a comprehensive understanding of the situation, it is advisable to consult legal experts. For further insights into construction-related matters, the blog at https://unitiq.com/blog/ provides valuable information and resources for navigating such scenarios effectively.


 

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