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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.
Insperity Announces Record Second-Quarter Results
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Hospitality Staffing Solutions Acquires DEZ Staffing
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Tribune Media Sells Majority Ownership Stake in CareerBuilder
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ISM: Manufacturing Activity Expanded in July
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U.S. Consumer Spending Rose Slightly in June
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Dallas Fed: Texas Manufacturing Activity Strengthens, Outlooks Improve
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Free ASA Webinar Today—Cultivating Organizational Change
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Get the Sales Data You Need—Participate in the ASA Quarterly Survey
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New Legal Line Video for ASA Members: Employee Benefits Legislation
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Eating Disorders Are Mental Health Conditions Subject to Parity Law
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Be Careful When Using Biometric Information of Employees
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Desire for ‘New Face’ Not Age Discrimination
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If You Left, Maine Wants You Back
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Frequent Engagement Surveys Keep Employers ‘On the Pulse’
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