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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.
Business Activity Expansion Accelerates to Six-Month High
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Free ASA State of the Industry Webinar This Month
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Experience the New ASA Staffing Tech Center Online Now
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Operations Benchmarking Survey Data Now Available
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Practical Advice and Strategies for Handling Immigration Enforcement Visits or ‘Raids’
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Massachusetts Attorney General Issues Guidance for the Massachusetts Pay Equity Act
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Illinois Noncompete Prohibitions Reflect Reform Efforts Nationwide
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Understanding Employment and Labor Law in Vermont
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Shrinking American Workforce Plus Lower Unemployment, Major Obstacles to HR Recruitment
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