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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 Quarterly Survey: Get the Industry Data You Need
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Welcome New ASA Members
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Owner of New York City Temporary Staffing Firms Indicted for Employment Tax Fraud
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Connecticut: Employers Can’t Prohibit Employees From Talking About Their Salary
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Illinois’ Workplace Transparency Act Imposes New Training and Reporting Obligations on Employers
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NC-OSHA Willful Citations Remind Employers to Know the Legal Aspects of Citations
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NLRB Invalidates Mandatory Arbitration Agreement That Contains No Exceptions for Filing Administrative Charges
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Employers Are ‘Taking Action on Pay Equity Management’
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