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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. Jobless Claims Rise 4,000 to 248,000
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Private Sector Employment Increased by 158,000 Jobs in June
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Nonmanufacturing Activity Grew in June
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U.S. Factory Orders Fall; Core Capital Goods Orders Revised Up
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Network in Your Niche During ASA Section Town Hall Forums This Month
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Sale Ends This Month—Save 25% On Certification Materials Through July 31
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The Latest From Your Colleagues on ASA Central
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Gov. Inslee Signs Bill Guaranteeing Paid Family Leave in Washington
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Missouri Governor Greitens Signs Bill Bringing State Law More Into Line With Federal Law
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Small-Business Employment Growth Slows as Hourly Earnings Increase
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