What is to prevent company ‘A’ from firing everyone, moments before selling their business to company ‘B’?
Maybe nothing.
Before liberals screw something up, there’s usually at least some tough case that the law was TRYING to fix, and that tough case may not be as simple as banning unemployment. If the seller has make whatever workforce change he needs as a condition of a sale, then the seller can know the buyer’s intent before selling. Of course, typically the good intent of government is usually foiling the invisible hand, and the bad guys find loopholes and payoffs, and the law ends up affecting only those the government tried to make sure would be not affected.
Good point. It would be part of the negotiations when buying a business. Just don’t put it on paper or in an email.