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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.
Fed’s Preferred Inflation Gauge Rose at Mild Pace in June
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CBIZ: Economic Confidence Among Small to Midsized Businesses Remains High
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Hospitals Make Comeback After Facing Labor Issues for Years
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Kohl’s Employees Ordered to Return to Office Four Days a Week
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Select Staffing to Pay $500,000 in EEOC Sexual Harassment Lawsuit
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Uber, Lyft, DoorDash Prevail in California Gig-Worker Ruling
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Employers Should Let the Punishment Fit the Crime
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Not-So-Friendly Reminders From NLRB to Review Your Severance Agreements and Employee Handbooks
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California: Expanded Information to Provide Regarding Workplace Injury
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