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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.
Strongest Improvement in Manufacturing Performance Since September 2022
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NFIB Jobs Report: Small Business Hiring Plans Continue to Slide
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The Companies Calling Workers Back to the Office Five Days a Week
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Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Jan. 28.
Independent Nursing Care
West Falls, NY
MGTeamPlus LLC
Missoula, MT
People Business Solutions LLC
Laredo, TX
Employers and CRAs Must Use Updated FCRA ‘Summary of Consumer Rights Form’ by March 20
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New Employee Paid Leave Laws for 2024
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Employee Records Requests in California
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2023 New Jersey Employment Law Recap and Looking Ahead in 2024
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Ohio Plans 7% Workers’ Compensation Rate Cut
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Construction Spending Rises 0.9% in December
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Majority of Employees Expect an Increase in Hiring for AI-Specific Roles in the Next Two Years
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Job Cuts Announced Surge 136% to 82,307 to Begin 2024; Financial, Tech Lead
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