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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.
Forecasters See Weaker Outlook for Near-Term Growth
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Economists Upgrade U.S.-China Trade Conflict to ‘War’
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The Turn in the Yield Curve
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Uber Freezes Hiring of U.S. Tech Staff, Seeks to Cut Costs
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Free ASA Webinar Tomorrow—How to Compensate Recruiters
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ASA Publishes Updated Issue Paper on Rules Governing Calls, Texts, Faxes, and Emails
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California Bill Would Impose ‘ABC’ Test for Worker Classification
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Minneapolis City Council Unanimously OKs Ordinance to Curb Wage Theft
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Employee Burnout: A Workplace Safety Hazard?
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DHS High-Pressure Activities Continue
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The Wait for Payday Doesn’t Have to Be So Long
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The Federal Minimum Wage Doesn’t Really Matter Anymore
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