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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.
Wholesale Inflation Sinks in February on Lower Oil Prices as Coronavirus Hinders Travel
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Lack of Sick Time Worries Workers as Coronavirus Looms
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California Paid Sick Leave and Coronavirus
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DOL Issues COVID-19 Guidance Covering FLSA Obligations When Dealing With Coronavirus and Other Emergencies
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Coronavirus to Tax Tight Health Care Job Market
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Coronavirus Questions? California Administrative Agencies Have Answers
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Mitigating Cybersecurity Risks Related to the Coronavirus
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Planning Is Key to Payroll Continuity Amid Coronavirus Worries
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Coronavirus FAQs for Employers
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