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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.
Compliance With Washington, DC’s Comprehensive Pay Transparency Law Begins June 30
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The Conference Board Leading Economic Index for the U.S. Fell Again in May
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Judge Dismisses Lawsuit Challenging Federal Rules to Accommodate Abortions for Workers
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Atlantic International Corp. Acquires Lyneer Staffing Solutions
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Oxford Global Resources Acquires Linksap
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CFO Survey: U.S. Companies Ramp Up Automation and AI as Inflation Persists
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RSM U.S. Middle Market Business Index Strengthens, Reflecting Stable Business Conditions
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Fifth Circuit Reminds Employers to Follow Salary Basis Test or Lose FLSA Overtime Exemptions
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Washington: Resources to Protect Workers From Wildfire Smoke
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