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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.
M&A Seen Surging in 2017, but Deal Size to Drop
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Free ASA State of the Industry Webinar Tomorrow
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Update Your ASA Central Profile and Win
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Download E-Verify Records by Dec. 31 Before They Are Purged
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City of Los Angeles Adopts ‘Ban the Box,’ Prohibiting Criminal Conviction Inquiry Prior to Job Offer
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Refresher: Hiring and Wage and Hour Law in Pennsylvania
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Indiana Court of Appeals Rules on Irreparable Harm and More in Recent Restrictive Covenant Case
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Automation Can Actually Create More Jobs
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