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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.
U.S. Industrial Production Up 0.1% on Better Factory Output
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U.S. Consumer Sentiment Falls to One-Year Low
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New York Fed: Manufacturing Business Conditions Decline
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Free ASA Webinar Tomorrow—Managing Transgender Issues in the Workplace
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Give Back and Get Involved—Volunteer With ASA
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Summary of Key New California Laws for 2017
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Common FMLA Mistakes
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The Job Juggle Is Real. Many Americans Are Balancing Two, Even Three Gigs
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