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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.
ASA Concludes Successful Convention; Names 2020 Leaders
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Second Circuit Issues Another Arbitration-Friendly Decision
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New Jersey Continues to Aggressively Pursue Measures to Halt the Misclassification of Independent Contractors
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Bill Expanding NYC Human Rights Law to Protect Independent Contractors and Freelancers Becomes Law
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Maryland Clamps Down on Noncompete Agreements
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Employer Obligations in the Event of Closures Due to California Wildfires and Power Outages
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Occasional Use of Wrong Pronouns Does Not Create Harassment Claim for Transgender Employee
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Construction Employment Increases in September
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