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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.
Survey: American Workers Report Greater Anxiety About Job Security Despite Organizations Supporting Workers Emotionally
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Walgreens and CVS Are Looking to Fill Thousands of Positions to Help Administer Vaccine
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Seattle Implements New Jobs Tax
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Survey: Nearly a Quarter of American Workforce Will Be Remote by 2025
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Lexitas Acquires Steven H. Gentry & Associates
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20/20 Foresight Continues Expansion With Acquisition of Saenger Associates
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Manufacturing Business Activity Up Slightly in New York
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Uber Asks U.S. States to Prioritize Its Drivers for Covid-19
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Domino’s Commits More Than $9.6 Million to Frontline Worker Bonuses
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