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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.
Private Sector Employment Increased by 102,000 Jobs in June
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Nonmanufacturing Sector Advanced at a Slower Rate in June
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Jobless Claims Little Changed in Late June
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The Latest From Your Colleagues on ASA Central
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California Announces Official Launch of CalSavers
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EEO-1 Pay Data Alert: EEOC Adds Materials and FAQ Answers to Website
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Minneapolis Employers Must Now Comply With New Sick Leave Rules
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Kentucky Legislature Overturns Supreme Court Ban on Pre-Employment Arbitration Agreements
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June Job Cuts Decline in June
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Logistics Recruiters Cast a Virtual Net for Workers
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