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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.
Jobless Claims Jump to 243,000 and Match Nearly One-year High in Wake of Hurricane Beryl
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The Conference Board Leading Economic Index for the U.S. Fell Slightly in June
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Minnesota Supreme Court Creates New Cause of Action for Negligently Hiring an Independent Contractor
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Rhode Island to Increase Length of Temporary Caregiver Insurance Benefits
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Glassdoor Employee Confidence Index: Mixed Emotions
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Philly Fed: Manufacturing Activity Expanded
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Nebraska Adds to the List of States That Have Enacted a Comprehensive Consumer Data Privacy Law
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Nearly Half of HR is New to Their Role
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Staffing 360 Solutions Inc. Reports Results for First Quarter Ended March 30, 2024
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