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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. Recurring Jobless Claims Rise to Highest Since End of 2021
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Uber Is Locking Out NYC Drivers Mid-Shift to Lower Minimum Pay
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From Dress Codes to Culture Codes: Casual and Positive Work Environments Seem Fundamental for Success
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Small Business Owner Confidence Reaches Postpandemic High
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Medical Solutions: Mental Well-Being Key Factor in Nurse Retention
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The Unwitting ‘Employer’: Individuals Who May Be Liable for FLSA Violations
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IRS to Deny or Examine Vast Majority of Employee Retention Credit Claims
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New Overtime Salary Rules Demand Employer Action Before July 1
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GHR Healthcare Acquires United Anesthesia
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