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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.
Nearly Half of U.S. Business Owners Expect an Interest Rate Increase
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90% of Health Care Executives Think the Nurse Shortage Will Worsen in Future Years
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Scope of Accommodations Required Under PWFA Narrowed in Louisiana and Mississippi
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Talent Framework LLC Combines With Savard Labor and Marine Personnel
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U.S. Initial Jobless Claims Were Little Changed Last Week
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Philly Fed: Manufacturing Activity Steady
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Inflation Is Widening the Divide Between How the Wealthy and Everyone Else Sees the Economy
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Treasury, IRS Release Guidance on the Prevailing Wage and Apprenticeship Requirements for Increased Credit and Deduction Amounts Under the Inflation Reduction Act
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Reminder: H-1B Cap Petition Filing Period Closes June 30
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