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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.
Richmond Fed: Manufacturing Activity Slowed in June
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Meat Processor, Staffing Firm Ordered to Give Up $327K in Profits From Oppressive Child Labor
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Colorado Employers Take Note: Are You Complying With the Job Application Fairness Act?
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Immigration Barriers for Skilled Workers Hinder Young Firms
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Ninth Circuit Rejects Challenge to AB 5, Holds That Disparate Treatment of Gig Workers Is Justified
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Construction Employment Increases in 39 States From May 2023 to May 2024
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These 23 Tech Skills Are the Most Difficult to Hire For
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U.S. Consumer Confidence Weakens Slightly in June
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Dallas Fed: Texas Manufacturing Activity Stabilizes in June
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