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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.
Small Businesses Continue to Push the Economy Forward
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Starbucks Commits to Hiring 5,000 Vets a Year
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Free ASA Webinar Today—Utilizing New Staffing Technologies
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Free ASA Webinar Tomorrow—Incorporating Improvisational Skills in Recruiting
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Initial Categorization Determines Whether Employees Were Temporarily Laid Off or Fired Under WARN
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New York State Issues Additional Guidance Following Recent Expansion of Workplace Antidiscrimination Protections
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Is Your Company Ready for Your Employees Using Marijuana and Other New Illinois and Federal Laws for 2020?
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College Class of 2018 Fared Well in Job Market
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Survey: 50% Of Workers Say Their Commute Is Stressful
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