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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.
OSHA Cites Employer for Failing to Protect Employees From Workplace Violence
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June Job Openings Unchanged; Hires and Separations Changed Little
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More Fortune 1000 Firms Want to Hire CFOs From Their Own Industry
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Apple Reaches Its First-Ever Retail Union Contract Deal in U.S.
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U.S. Consumer Sentiment Falls to Eight-Month Low
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Olympus Sells Soliant
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Medical Staffing Company Pays $336,000 to Nearly 1,000 Employees After DLI Investigation
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Security Firm Experiencing Nightmare After Learning Remote Employee Is North Korean Hacker
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Many Better-Managed Companies Have Lots of Climate-Related Jobs
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