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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.
Don’t Miss These ASA State Network Events Next Month
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Avoid Unnecessary Risks in Client Agreements
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Welcome New ASA Members
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IRS Authorizes Employers to Use Truncated Social Security Numbers on Forms W-2 in 2021
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Reminder: New Jersey’s Salary History Ban Takes Effect Jan. 1, 2020
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California: Requirements for ‘Suitable Seats’
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Seventh Circuit: Future Disabilities Not Protected Under the ADA
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‘Magic Words’ Are Not Necessary for New Jersey Law Against Discrimination Claims
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A Checklist for Conducting Workplace Investigations
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Employers Expect to Boost Hiring of College Graduates
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Job Trends for 2020: Upskilling, Flexibility, Hourly Jobs
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