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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. First-Quarter GDP Growth Revised up to 1.4%
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Free ASA Webinar Today—Laws on Salary History Inquiries
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There’s Still Time to Save 25% on ASA Certification Materials
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The Latest From Your Colleagues on ASA Central
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OSHA’s Continuing Recordkeeping Obligation Rule Revoked Via the Congressional Review Act
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Penalties for State OSHA Programs May Increase
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Wisconsin Sees Reduction in Workers’ Compensation Rate for Second Consecutive Year
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Work Perks: Unusual Benefits to Attract Talent
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In Unilever’s Radical Hiring Experiment, Résumés Are Out, Algorithms Are In
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