Bulk sale laws primarily protect which party in a sale from fraud?

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Bulk sale laws protect creditors. When a business sells a large portion of its assets, these laws require that creditors be notified and given an opportunity to file claims or to be paid from the sale proceeds. The goal is to prevent fraudulent transfers where the owner walks away from debts by shifting assets to a new owner, leaving creditors unpaid. While buyers gain certainty from knowing debts are addressed, the primary protection is for creditors who could be harmed by an undisclosed transfer. Government or employees aren’t the focus of these protections.