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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.
Degree? Yes. Job? Maybe Not Yet
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Pay Equity Claims Are on the Rise—How Are Courts Handling the Differences in Law?
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California’s Workplace Violence Prevention Plan Law Takes Effect on July 1
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Politics in the Workplace: What Employers Need to Know
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FlexJobs Announces Top Companies to Watch for Remote Jobs
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Seven in 10 Job Seekers Cheated During the Hiring Process
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Consumer Sentiment Falls
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California Appeals Court: Arbitration Agreement With Cost-Sharing and Out-of-State Law Provisions Unconscionable
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On-Call Time Not Compensable if Employee Not Restricted
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