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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.
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The Conference Board Employment Trends Index Increased Slightly in July
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Employees Who Don’t Cooperate With Company Investigations Can Be Terminated for Cause
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Can Noncompete Agreements Be Classified as Personal Services Contracts?
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Why Corporations Are Hiring Even Though U.S. Growth Is Poor
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Tech Jobs in Southern Cities? Thank the Auto Industry
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