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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.
ASGN Acquires Intersys Consulting
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Beige Book: Slight to Moderate Economic Growth With Tight Labor Market
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Jobless Claims Rise Modestly
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Philly Fed: Manufacturing Activity Mixed
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Industrial Output Falls by Most in Five Months
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Weak Retail Sales Cast Shadow Over Slowing Economy
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The Latest From Your Colleagues on ASA Central
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Timeframe to File Workplace Bias Claims in California Extended by Two Years
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California Expands ‘Red Flag’ Law to Permit Gun Violence Restraining Orders in Workplaces
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NLRB Solidifies Boeing and Provides Guidance on Employer Workplace Rules
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San Antonio Approves Revisions to Paid Sick and Safe Leave Ordinance
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