contract-law
Buying contracts/agreements from another company
<p><strong>Company A</strong> creates agreements/contracts with instructors who have created courses to sell online.  The agreement/contract is signed by the instructors and owned by <strong>Company A</strong>.</p>
<p><strong>Company A</strong> wants to sell the company to <strong>Company B</strong>.  However, <strong>Company B</strong> would rather buy the courses and the agreements/contracts and allow <strong>Company A</strong> to dissolve.  Is this possible without having the instructors sign another agreement/contract with <strong>Company B</strong>?</p>
<p>Thank you.</p>

<blockquote>
<p>Is this possible without having the instructors sign another agreement/contract with Company B?</p>
</blockquote>
<p>Generally speaking, yes. In fact, this is what usually happens in company acquisitions. The buyer usually does not need to enter new contracts with seller's providers, employees, and customers.</p>
<p>Company B needs to ensure that (1) the contracts to which company A is a party do not contain language that render those contracts exceptions to the aformentioned general case; and (2) its contract with company A clearly establishes the transfer of company A's rights/entitlements to company B. Similarly, company A will want to ensure that also the transfer of its obligations is reflected in its contract with company B.</p>
