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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.
New York Fed: Manufacturing Activity Declined Modestly
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U.S. Department of Labor Urges Florida Recovery Workers, Public to Guard Themselves Against Hazards Amid Flood Cleanup
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Wisconsin Federal Court Rules That EEOC Racial Discrimination Suit Cannot Proceed With Allegations of Single Racial Slur
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Young Workers Fuel Recovery in Jobs Requiring a High School Diploma or Less
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Thousands of Drivers File Arbitration Claims Against Amazon for Unpaid Wages and Other Losses
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Oregon Modernizes Anti-Stalking Laws, Expands Employee Leave Rights
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NACE: Class of 2024 College Grads Seek Jobs Offering Economic Security
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Business Roundtable Q2 CEO Economic Index Reflects a Stable U.S. Economy
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Conference Board: HR Leaders Say Recruiting and Retaining Workers Is Getting Easier
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