Seller's Liabilities Assumed by Purchaser?

Q

Our insured is going to purchase another manufacturing company soon and is concerned about possible future claims or lawsuits stemming from that company's products that are out in the public market place. The company that is to be bought does have liability coverage now, but that will end at the time of the sale. What can I tell my insured client about its liability exposure for the other company's products?

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