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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 Reports Third Quarter 2019 Results
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The Reserves Network Acquires ExecuTeam Staffing
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Jobless Claims Edge Down in Late October
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The Latest From Your Colleagues on ASA Central
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ASA State Networks: Valuable Content and Networking at a Local Level
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California Governor Signs AB 51, Aims to Ban Forced Arbitration
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Regular Rate Refresh: Calculating Overtime for California Employees
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New California Law Lets Employees Sue for Late Payment of Wages
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Illinois’ Workplace Transparency Act Limits Certain Workplace Agreements
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DOL Provides More Insight Into FMLA Leave Designation
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