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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.
Early Warning Signs of Recession Flash Faintly in U.S. Jobs Data
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Target to Raise Minimum Wage to $10 an Hour
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Have Your Say on ASA Central
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Find Who You’re Looking for in the ASA Member Directory
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National Safety Stand-Down to Take Place May 2-6
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Pennsylvania Enacts Medical Marijuana Law
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Hospital’s Code of Conduct Rules Promoting ‘Harmonious Interactions and Relationships’ Held Unlawful by NLRB
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‘Perfect Storm’ Bears Down on Labor Markets Worldwide
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Employee Job Satisfaction Highest in 10 Years
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Hiring Managers Value Integrity More Than Other Traits
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