Parker v. Western Dakota Insurors, Inc.

KONENKAMP, Justice.

[¶ 1.] Western Dakota Insurers, Inc., an insurance agency, appeals a decision requiring it to pay a percentage of commissions that First American Systems, Inc., another insurance agency, agreed to pay its employee, Renee Parker. The circuit court reasoned that because Western Dakota purchased First American’s income generating assets, including its “book of insurance business,” it thereby incurred the obligation to honor First American’s contract with its employee. We reverse that ruling because Western Dakota’s purchase excluded assumption of First American’s liabilities.…