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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.
Illinois Passes State Law Offering Protection to Employees From Unfair Enforcement of Employment Verification Practices
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Massachusetts Adds a New Tint to Pay Transparency Laws
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NLRB and Michigan AG Partner to Protect Workers
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New Jersey: Employers Must Engage in Interactive Process, Cannot Refuse to Hire Based on Marijuana Use Alone
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Health Care Expenditures May Be Required for San Francisco-Based Employees
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AI in the Workplace: It May Be Time to Update Your Employee Handbook
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Illinois Enacts Artificial Intelligence Law Focused on Employment Practices
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Kansas City Fed: Manufacturing Activity Declined Less in August
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Chicago Fed National Activity Index Suggests Economic Growth Decreased in July
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