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Ortoli | Rosenstadt: What Exactly Is a Seller Responsible for When Selling Its Staffing Firm?
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.
On Assignment Reports Results for Fourth Quarter
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Ciber Reports Fourth-Quarter Results
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Potential for Modest Economic Expansion
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Philly Fed: Manufacturing Business Conditions Continue to Weaken
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Fed Seeing More Cause for Pause on Rates
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Jobless Claims in U.S. Decline to Lowest Level Since November
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Free ASA Webinar Today—Encore of Lean Recruiting Session
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Best of Staffing Award Winners Announced
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Catch Up on Legal Issues Affecting the Staffing Industry—Read Staffing Law Digest
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Earn Continuing Education Credit at the ASA Staffing Law Conference
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What’s Trending on ASA Central Right Now
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Commissioned Employees—Draft an Agreement Now, Avoid a Hassle Later
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Inflexible Employers Risk Losing Top Talent
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