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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.
U.S. Producer Prices Rise Moderately in June
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Maine Governor’s Veto of Noncompete Ban Bucks Growing Trend Among States and Federal Trade Commission
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Biden-Harris Administration Awards Over $244 Million to Expand Registered Apprenticeships
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Economists’ Forecasts Change Little
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S&P Global U.S. Business Outlook: Strongest Confidence in Over Two Years
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Child Care Industry Revenue Recovered After Pandemic Dip
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Intuit Targets Low Performers and Executives in 10% Jobs Cut
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Louisiana Dismantles Concealed Carry Requirements: Key Employer Takeaways
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Grant Thornton: CFO Optimism Reaches Highest Level in Nearly Three Years
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