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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.
Consumer Sentiment Climbs in October
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ASA Releases 2019 Staffing Industry Playbook
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New State Individual Health Insurance Mandates Will Not Affect ACA Coverage
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California Delays Harassment Prevention Training Start Date for Temporary Workers
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California Enacts a Raft of New Employment Laws
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Form I-9 Compliance During an Era of Increased Enforcement
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Agency Developments at the U.S. Department of Labor: The Fair Labor Standards Act
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Reimbursement Claims Are Not Automatically Excluded From Coverage by a Policy’s ‘Wage and Hour’ Exclusion
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Companies Take a Look at Job Candidates With a Long Gap in Their Résumé
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Drawn by the Salary, Women Flock to Trucking
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