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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.
The Conference Board Leading Economic Index for the U.S. Increased in July
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Philly Fed: Manufacturing Activity Continued to Expand in August
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Free ASA Webinar Today—Identifying Direct Hire Opportunities
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Get Weekly Updates on Staffing Employment Trends With Dynamic Charts
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The Latest From Your Colleagues on ASA Central
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Seventh Circuit Says EEOC Probes Do Not End When Workers Sue
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Missouri Business-Friendly Workers’ Compensation Bill to Go into Effect Aug. 28
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The Fifth Circuit Strengthens Employers’ Right to Use Class-Action Waivers
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Seventh Circuit Finds No Standing When Background Check Disclosures Contain Extraneous Information
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Off-Duty Emails May Be Compensable (or Not)
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