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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.
Massachusetts Attorney General Takes Advantage of Pay Equity Affirmative Defense and Wins
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How to Prepare for New York State’s Freelance Isn’t Free Act
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Court Finds Chef Is Entitled to Overtime
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Hiring and Wage and Hour Law in Texas
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Construction Employment Increases in 232 of 358 Metro Areas From July 2023 to July 2024
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Powell at Jackson Hole: ‘The Time Has Come’ for the Fed to Soon Begin Reducing Interest Rates
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U.S. Job Market May Be Near Tipping Point, Research Shows
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U.S. Durable Goods Orders Rise Moderately in July—Excluding Volatile Transportation Sector
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Q3 2024 Insurance Labor Market Study: Recruiting Difficulty Eases Slightly
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