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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. Consumer Sentiment Gauge Declined in June
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ShiftPixy Goes Public
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Staffing Today Returns July 5
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How Do Your Payroll and Benefits Programs Compare With Industry Peers?
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Rise of the Worker Machines—Read Staffing Success Magazine
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Trump Nominates Janet Dhillon to Head EEOC
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Minneapolis Raises Minimum Wage to $15 an Hour
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Sixth Circuit Refuses to Stop Collective Action Notice to Employees With Individual Arbitration Agreements
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Why Hiring in the U.S. Is Slowing and Will Continue to Slow
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