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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.
The Adecco Group 2019 Half Year Report
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RCM Technologies Inc. Announces Second Quarter Results
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U.S. Weekly Jobless Claims Fall
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Don’t Miss These ASA State Network Events Near You
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Meet the Faces of the Industry
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The Latest From Your Colleagues on ASA Central
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ICE Executes Federal Search Warrants at Multiple Mississippi Locations
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New Jersey Implements Steep Sanctions for Wage Payment Violations
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Illinois Enacts Protections for Organ Donation Leave
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New Jersey to Require Certain Employers to Provide Pretax Transportation Fringe Benefits
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California Adopts Emergency Regulation to Protect Outdoor Workers From Wildfire Smoke
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EEOC Subpoena of Pattern-or-Practice Information Based on Individual Charges Upheld
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Bankruptcy-Related Job Cuts Soar
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Employers Taking Workforce Skills Into Their Own Hands
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