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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.
TriMech Group Acquires Mako Design + Invent
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WMB Partners Merges With Boyden
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U.S. Inflation Easing, Job Market Similar to Prepandemic Conditions, Fed Report Says
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Online Labor Demand Rises Slightly in June
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Fed’s Powell Highlights Slowing Job Market in Signal That Rate Cuts May Be Nearing
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California Court of Appeal Thwarts Efforts to Conceal Important Driving History Information From Employers
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Louisiana Amends Wage Payment Law
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The FMLA Does Have Limits
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Minnesota 2024 Legislative Session—Employment Highlights
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