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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.
Free ASA Webinar This Week—Encore of Medical Marijuana Session
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March Is Money Month—Free ASA Webinar Series
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EEOC Issues Enforcement and Litigation Data
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California Court Finds Duty to Accommodate Does Not Extend to Off-Site Employees Who Fail to Engage in Interactive Process
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How to Minimize Retaliation Claims During the Termination Process
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Employers Must Be Careful Using Nondisparagement Clauses to Discourage Employees’ Negative Online and Social Media Posts
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The Legality of Tracking Employees by GPS
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Demand for Engineers Continues, Employers Cite Lack of Experience as Top Hiring Concern
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