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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.
AMN Healthcare Acquires Peak Health Solutions
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Command Center Acquires Hancock Staffing
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The Conference Board Employment Trends Index Declined in May
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U.S. Factory Orders up 1.9% in April, Best in Six Months
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Spread the Word About Staffing as a Career
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Replacing Striking Employees Becomes Even More Risky—NLRB Changes the Playing Field
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Search and Placement Employment Edges Up in March
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Construction Headcount Dips in May but Outpaces Overall Rate of Job Gain Since May 2005
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