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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.
U.S. Consumer Sentiment Increases for First Time in Five Months
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Online Labor Demand Increases in July
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The Conference Board Leading Economic Index for the U.S. Declined in July
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NABE Economists Cite Tight Monetary Policy and Loose Fiscal Policy Imbalance
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Another Court Rules Against FTC’s Noncompete Rule
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Boost Workplace Safety and Lower Ohio Workers’ Comp Premiums With a Drug-Free Safety Program
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Three Notes for Arbitration Agreements After California Supreme Court Ruling
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Construction Employment Increases in 39 States Between July 2023 and July 2024
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Magnit Summer, Fall U.S. Labor Market Findings
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