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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.
California Supreme Court Confirms Validity of Meal Period Waivers for Health Care Employees
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Changes Are Coming to the Illinois Equal Pay Act
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New Employment Law Obligations for Illinois Employers in 2019
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NLRB Orders Hospital to Reinstate Former Employee Who Shared Staffing Concerns With Media
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Nonsolicitation and Noncompetition Agreements: Are They the Same?
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New Trend: Blue-Collar Workers Are Now Scarcer Than White-Collar Workers
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As Labor Market Tightens, Women Are Moving Into Male-Dominated Jobs
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Project-Based Hires and Reskilling Play Role in Tech Staffing Strategies
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Korn Ferry Announces Second Quarter Fiscal Year 2019 Results of Operations
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