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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.
Free ASA Webinar Tomorrow—Become a Master Recruiter
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ASA Concludes Successful Convention; Names 2019 Leaders
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Read a Recap of Attendees’ Staffing World Experiences
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USCIS Will Begin Accepting H-1B Petitions for Fiscal Year 2020 on April 1
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Kentucky’s New Workers’ Compensation Law Encourages Drug Testing
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Recent Amendments to San Francisco Fair Chance Ordinance Give Job Applicants Right to Sue and Send Penalties Soaring
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Strong Economy Draws Women Into U.S. Labor Force
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Construction Employment Rises in September
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Child Care’s Impact on Women’s Opportunities
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