If I owe an original owner of a business money, do I also now owe the new owner?

Question Details: I worked for a company for 12 years in the metal shop. About 7 years ago, I fell on hard times and began to take scrap to sell. No charges were pressed because I admitted my guilt.the shop was sold last year to a new owner. I am currently working on a lump sum payment to the old owner because no theft occurred after the new owner took over. If I make amends with the old owner and the debt is paid in full to him with documentation. Can the new owner try to civil sue me also for the money?

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