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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.
Managing the Employment Relationship in Maryland
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Construction Firms Having Hard Time Finding Workers to Hire
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Survey: Nearly Three-Fourths of U.S. Small Businesses Have Grown in the Past Year
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Fewer Americans File for Jobless Claims as U.S. Labor Market Continues to Defy Elevated Interest Rates
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Lightcast Acquires Stratigens
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U.S. Economy Expands at Revised 3% Rate on Resilient Consumer
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U.S. Labor Department Acknowledges Mishap in Release of Jobs Data
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Express: Two-Thirds of Companies to Train In-House Talent Amid Cost-Cutting Strategies
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Nearly Half of Workers Plan to Look for a New Job in the Next Year
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