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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.
Powerful Forces Seen Restraining U.S. Pay Growth
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Favorable Views of Finances Drive U.S. Consumer Comfort Higher
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Free ASA Webinar for California Staffing Firms—Updated Compliance Requirements
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Act Now for Staffing Data—Including Search and Placement
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Make Your Travel Plans Now for the ASA Staffing Law Conference
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Welcome New ASA Members
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U.S. Department of Labor Issues New Wage and Hour Opinion Letters
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Must an Employer Pay for Frequent FMLA Breaks?
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A Win for Employment Arbitration Agreements From the West Virginia Supreme Court
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Ignorance of OSHA Requirements Does Not Preclude Willful Violation
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Report: U.S. Companies Expand Talent Pool by Increasing Teleworking, Lowering Educational Requirements
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