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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.
Bullhorn Acquires KonaSearch
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Employment Trends Index Increased in August
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Hourly Wage Growth Solid in August
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NFIB: Small Business Optimism Improves in Industry-Specific Report
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Inflation Worries Ease, But Business Executives Grow More Pessimistic About U.S. Economy
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Owner of Orange County Staffing Companies Pleads Guilty to Tax Crimes, Admits to Cheating IRS Out of Nearly $60 Million
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Illinois Enacts Additional Employee Protections on Employers’ E-Verify Use
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Saint Paul, MN Businesses Notified of 2025 Minimum Wage Increases
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Managing the Employment Relationship in Pennsylvania
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