If they took over a company and didn't know about a case on the books and didn't do anything to find out the status of the case, or do anything to remedy the situation, then exactly what are they doing in their positions?
How does anyone not know there is a million dollar lawsuit in court?
My recent $1M judgment was against the company SMAA. We also had separate lawsuits against the prior management. We won our suit against the company. The individual suits are either ongoing or settled.
The current management was definitely aware of the lawsuit, as they had representation the entire time up until our judgment.