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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.
Workplace Trends Impacting Creative Teams
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Register Now for the ASA Staffing Law Conference—Three Weeks Left to Save
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Hire Dynamics Acquires Amtemps Staffing
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Motion Recruitment Partners Acquires MDI Group
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Industrial Production Up in November
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Economists Scale Back Their Projections for Fed Rate Increases
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Kohl’s Says It Surpassed Its Holiday Hiring Targets, Even in a Tight Labor Market
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Looking for Real-Time Data on Staffing Employment?
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Welcome New ASA Members
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