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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. Inflation Broadly Cools, Bolstering Case for Fed Rate Cut
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Fewer Americans Apply for Jobless Claims Last Week as Labor Market Remains Sturdy
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SF Fed: U.S. ‘Breakeven’ Monthly Job Growth May Be 230,000
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CBIZ: Small Business Hiring in June Reveals a Flat Reading
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New Law Guarantees Domestic Workers Minimum Wage in Rhode Island
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Mid-Atlantic Employers Face Minimum Wage Increases
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Costco’s Hourly Workers Are Getting a Raise
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RGP Releases Latest Pulse Survey on Workforce Investment Priorities
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Mercer: Majority of U.S. Employers Plan to Maintain Current Benefits in 2025
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