General Rule in New York:  The Buyer of a business's assets does not assume and is not liable for the Seller's liabilities unless otherwise expressly stated in the purchase and sale agreement. 

This is a primary reason that sales and acquisitions of businesses are often structured as asset sales.  However, New York law contains four exceptions to that general rule.

Social media's ubiquitous presence in the lives of many Americans has transformed the way government communicates and interacts with the citizenry.  Nearly every politician, from the President of the United States to mayors of America's smallest towns, has a Twitter account.  Governments increasingly rely on social media to engage the public, providing information on emergency response and disaster relief to government services and events.  A recent report from the U.S. Government Accountability Office ("GAO"), however, considers when the federal government's use of social media constitutes impermissible public advocacy in support of an agency's legislative agenda.  The report raises interesting questions regarding what constitutes government "propaganda" or lobbying efforts in the Internet age.