If a self-employed worker takes on contract jobs and then later on, after finishing any of those jobs, changes their business into a limited liability company,
Who is responsible for any liabilities from a past contract that may still be in continuation? Who is responsible if sued for a past contract?
※Who = Self-employed individual OR newly established company.
※I don't expect a country-specific answer, mostly because it is not an English speaking nation. A general answer or an answer regarding the US or UK(new national laws seem to often be similar) would be appreciated.