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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 Price Index Rises 0.1% in July, vs 0.2% Increase Expected
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Drive Business Growth—Read Staffing Success Magazine
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Act Now to Get Staffing Employment and Sales Data
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Take Advantage of Free Resources for Direct Hire Staffing
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Welcome New ASA Members
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California Employers Face New Notice Requirement for Domestic Violence, Sexual Assault, and Stalking Time Off
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Oregon Becomes First State in Nation to Enact Scheduling Legislation
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Zero Tolerance Drug Testing Policies in the Age of Medical Marijuana
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Fifth Circuit Limits Use of Fluctuating Workweek
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Robots Are Taking Over, and Women May Be on the Front Lines
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