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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.
ISM: Services Activity Expanded in August
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Drugs and Alcohol in the Workplace
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U.S. Department of Labor Launches Severe Injury Report Dashboard
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Employers Should Be Very Clear When Including Arbitration Agreements in Online Applications
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Employee Termination Law in Texas
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Laid-Off Workers Gain Influence on Social Media, Raising Concerns for Employers
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Job Cuts Announced by U.S. Companies Surge in August
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Mercer Projects Deficit of Over 100,000 Health Care Workers in U.S. by 2028
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July Job Openings and Hires Little Changed
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