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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 Employment Trends Index Increased in January
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U.S. Factory Orders Up 1.7% in Dec., vs 1.5% Increase Expected
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U.S. Consumer Sentiment Falls Less Than Expected, Remaining Near All-Time Highs
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Wage Growth Looks Great, Especially for Managers
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Free ASA Webinar Today—Health Insurance Options for Staffing Firm Employees
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Save the Date for These Upcoming Regional Staffing Events
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OSHA Says Lawsuits Constitute Adverse Action Too
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Cal/OSHA Approves Long-Awaited Housekeeper Injury Prevention Regulations
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Search and Placement Employment Edges Up in December
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