Price increase at our KOA
Every year at the end of our season we make our reservations for the following year. In that reservation is a listed price. Well, this off season the KOA was sold to new owners and I was notified th...
Forum Discussion
Lantley wrote:Agree 100%. The sale was almost assuredly an asset sale. The new owner bought the real estate , the franchise rights, phone numbers, websites etc. Only a fool would sign off on assuming the previous owners liabilities and commitments. A reservation commitment that the new owners do not wish to honor would legally fall on the previous ownership.
Everyone keeps mentioning contract there is no contract. The company that made the reservation is out of business. Kaput, gone, no longer exist.
The new owner does not assume liabilities of the old company. The new owner starts with a new company and a clean slate.
Maybe you could take KOA corporate to court but really would it be worth it.
