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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.
2025 California Minimum Wage Increases to $16.50
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LA County Employers Must Update Job Postings, Offer Letters, Background Check Processes by Sept. 3
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Respiratory Protection Week Coming Next Month
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What Every Employer Should Know About OSHA: Walkaround Representatives
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MBO Partners: One in 10 U.S. Workers Are Digital Nomads
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State Employment and Unemployment—July 2024
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Avionté Acquires AkkenCloud
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Payments Giant Mastercard Cutting Global Headcount by 3%
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Most Workers Make About the Same as Before the Pandemic
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