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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.
Statute of Limitations for Illinois Human Rights Act Claims More Than Doubled
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IRS Reopens Voluntary Disclosure Program to Help Businesses With Problematic Employee Retention Credit Claims
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Philly Fed: Manufacturing Activity Softened
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Biden-Harris Administration Issues Memorandum Supporting Improvements to Federal Hiring Experience
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NFIB: Inflation, Taxes, and Uncertainty Dominate Concerns for Main Street
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Suddenly, Hourly Workers Aren’t So Hard to Find
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The Health Care Industry Is Defying America’s Slowing Job Market
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Illinois Gov. J.B. Pritzker Signs New Artificial Intelligence Law Focused on Employment Practices
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New Hampshire Prohibits Workplace Discrimination Based on Hairstyles Related to Ethnicity
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