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In re Old Carco LLC

In re Old Carco LLC

Ruling
Sale of debtor's assets free and clear barred states from calculating purchaser's unemployment insurance tax rate based on debtor's experience rating.
Issue(s)
Did the police and regulatory exception allow states to use debtor's experience rating in calculating the insurance rate for entity that purchased debtor's assets free and clear ?

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Commercial opinion summary, case decided on October 08, 2015 , LexisNexis #1115-007