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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.
BLS: Worker Displacement, 2021–23
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BLS: Staffing Employment Declined in August
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SGF Global Acquires Adecco Uruguay
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U.S. Second-Quarter Productivity Revised Higher
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NFIB: Main Street Job Growth Stalls in August
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S&P Global: Business Activity Rises at Fastest Pace Since March 2022
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Continued Employment May Constitute Sufficient Consideration for Noncompete Agreements in Connecticut
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What Every Employer Should Know About OSHA: Employees Have Rights When it Comes to OSHA Interviews
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Wyoming Proposes 12% Workers’ Compensation Rate Decrease for 2025
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