PRWeb (07/14/14)
Allegis Group has finalized its acquisition of Talent2 in the Asia-Pacific region. In September 2012, Allegis Group formed a joint venture with Morgan & Banks Investments Pty Ltd. to privatize Talent2.
PRWeb (07/14/14)
Allegis Group has finalized its acquisition of Talent2 in the Asia-Pacific region. In September 2012, Allegis Group formed a joint venture with Morgan & Banks Investments Pty Ltd. to privatize Talent2.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.