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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.
Jobless Claims Rise
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Consumer Spending Rises Slightly, Wages Flat
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Labor Costs Increase in Third Quarter
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Fed Cuts Rate Again
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Free ASA Webinar Today—Zombie Recruiting
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Resources on Diverse-Owned Businesses Available for ASA Members
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The Latest From Your Colleagues on ASA Central
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New York Strengthens Data Privacy and Security Protections
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California Employers Pressed to Pay Arbitration Fees or Risk Harsh Consequences
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EEOC Must Keep Pay Data Reporting Portal Open
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Layoff Announcements Climb in October
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