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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.
ZRG Partners Acquires HM Long Global Partners
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It’s Boom Times for Recruiters as Job Market Tightens
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Job Cuts Fall 28% in First Half of Year
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Four Exciting Keynote Presentations in Store at Staffing World® 2017
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Welcome New ASA Members
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Fourth Circuit Holds Complaining Employee Is Not Protected From Termination if the Employer Believed Her Complaint Was Fabricated
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Pennsylvania Highest Court Has Spoken: Former Employees Are Not Entitled to Inspect Their Personnel Files
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Even a Clear Choice of Law Provision Can Be Vulnerable
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60% of Employers Plan to Hire Full-Time, Permanent Employees in the Second Half of 2017
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With Job Creation Slowing, Who’s Hiring?
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