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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.
Going to Staffing World® 2017 Next Week? Let Your Colleagues and Clients Know
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Help Advance the Industry by Volunteering With ASA
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California Law Imposes New Legal Requirements for Employers During Work Site Immigration Enforcement Actions
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California Expands Harassment Training Requirements
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The Potential Perils of ‘Managing Through the Payroll’
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The Ongoing Battle Between LGBTQ+ Rights and Claims of Religious Liberty
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U.S. Retail Workers Want Flexible Work Twice as Much as Any Other Industry
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