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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.
HTC Global to Buy IT Consultant Ciber for $93 Million
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Buoyant U.S. Economy Rides out Rough Political Sea, but More Storms Ahead
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Free ASA Webinar—Maximize Employee Productivity With the Right Office Floorplan Strategy
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Register Early and Register Often! It’s the Industry’s Most Important Event
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Another Overreach? NLRB Finds Company Violated the NLRA by Retaliating Against Former Employee for Filing FLSA (Not NLRA) Class Action
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State-Level Construction Jobs Up Year-to-Year; Down March to April
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Lack of Workers, Not Work, Weighs on the Nation’s Economy
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Align Stakeholders in the Hiring Process to Boost Results
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