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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.
TSR Inc. Reports First Quarter Financial Results
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NES Global Talent Acquires Bedrock Petroleum Consultants
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New York Fed: Manufacturing Activity Strengthens
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U.S. Consumer Sentiment Eased in October, Missing Forecasts
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How Does Your Staffing Company Measure Up?
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U.S. Department of Labor Urges Workers to Be Mindful of Hazards Following Hurricane Michael
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More Frequently Asked Questions About the New Jersey Paid Sick Leave Law
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OSHA Clarifies Agency’s Position on Drug Testing and Safety Incentive Policies
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Ninth Circuit Rules on Wage and Hour Class Action Claims
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EEOC Sees Sexual Harassment Statistics Jump in Past Year
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As Companies Embrace AI, It’s a Job-Seeker’s Market
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