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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.
TrueBlue Reports Second Quarter 2024 Results
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Adecco Reports Second Quarter 2024 Results
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Business Roundtable Develops Cybersecurity Workforce Playbook
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Stellantis Makes Buyout Offers to U.S. White-Collar Workers
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Second Random Selection From Previously Submitted Registrations Complete for FY 2025 H-1B Regular Cap
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California Supreme Court Eases Standard for Waiving Arbitration Rights
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More States Enact Pay Transparency Laws
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When Is a Midlevel Manager Personally Liable for Wage Violations?
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AI and the Workforce: Industry Report Calls for Reskilling and Upskilling as Tech Roles Evolve
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