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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.
State Laws Complicate Salary Requirements for Exempt Employees
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Eighth Circuit Clarifies Arbitrability of Sexual Harassment Claims
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Second Circuit Dismisses Remote Employee’s Discrimination Claim Brought Under New York State Human Rights Law
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LHH: Layoffs Increasingly Driven by Skills Gaps, Underperformance as Job Market Cools
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U.S. Wholesale Inflation Cooled in July
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NFIB: Inflation Continues to Plague Main Street
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CEOs Bracing for Recession
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First Circuit Reminds Employers That Inside Sales Positions Are Nonexempt
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New Jersey Law Broadens Protections for Immigrant Workers
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