What is the legal basis for the liability of the successor to a trade name, in connection with a commercial establishment, for the obligations of their predecessor?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The successor to a trade name, in connection with a commercial establishment, succeeds their predecessor in the rights and obligations incurred under that name. The predecessor remains jointly and severally liable with the successor for the fulfillment of these obligations, based on Article 9 of the Commercial Names Law.
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