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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.
GSE Solutions to be Acquired by Pelican Energy Partners
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Instawork Acquires AbleJobs
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CEO Confidence Declined Slightly in Q3 2024
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Illinois Gov. Pritzker Signs Amendment Limiting BIPA Damages to a Single Recovery
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Denver Local Minimum Wage Adjusts to $18.81 Per Hour for 2025
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Employers Must Comply With State Voting Leave Laws With Election Day Just Around the Corner
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Yoh: U.S. Worker Confidence Index Continues Downward Slide
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WorldatWork: 2024 Salary Increase Budgets Moderate
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Kelly Reports Second-Quarter 2024 Earnings
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