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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.
California Issues New, Lower Workers’ Compensation Benchmark Rate
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Supreme Court Clarifies Arbitration Clauses: Key Takeaways for Companies
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Pennsylvania Federal Court Refuses to Enjoin FTC’s Noncompete Rule, Creates Split in Federal Courts
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Pennsylvania Bans Most Noncompete Agreements for Health Care Practitioners
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Upwork: Employee Workloads Rising Despite Increased C-Suite Investment in AI
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One in Three Companies Eliminated Bachelor’s Degree Requirements This Year
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NLRB Must Apply Its Prior Standard for Protected Employee Outbursts and Abusive Speech
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Time Management Policies Can Mitigate New Overtime Obligations
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Randstad Reports Second Quarter 2024 Results
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