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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.
NFIB: Job Openings on Main Street Fall in June
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S&P Global: New Orders Expand at Fastest Pace for a Year
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Federal Reserve Minutes: Inflation Is Cooling, But More Evidence Is Needed for Rate Cuts
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Rhode Island Governor Vetoes Proposed Noncompete Ban
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Job Cuts Tumble in June 2024
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Construction Employment Increases in 225 of 358 Metro Areas From May 2023 to May 2024
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ISM: Services Sector Economic Activity Slipped in June
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Monster and CareerBuilder to Combine
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ADP: Private Sector Employment Increased by 150,000 Jobs in June
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