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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.
Job Openings Decline, Better Aligning Numbers of Unfilled Jobs and People Seeking Work
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Another Casualty of Soaring Health Care Costs: Jobs
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IRS Enters Next Stage of Employee Retention Credit Work; Review Indicates Vast Majority Show Risk of Being Improper
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Missouri Court Rules Nonresidents Not Subject to Local Tax When Working Outside the Locality
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Colorado Will Fund Program to Create Recovery-Friendly Workplaces
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Treasury, IRS Issue Frequently Asked Questions Regarding Educational Assistance Programs
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Don’t Miss the Deadline: New York City Employers Must Display ‘Know Your Rights’ by July 1
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Dexian: Critical Gaps Between Workers and Employers on AI, Culture, Upskilling and Reskilling
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LinkedIn Workforce Report: Hiring Accelerates in May
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