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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.
Supreme Court, Siding With Starbucks, Makes It Harder for NLRB to Win Court Orders in Labor Disputes
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ACLU Files Claims With Feds Over AI Hiring Tools
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New York State Set to Expand Lactation Break Law
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CompTIA: Tech Hiring Intent at Highest Point Since Last Year
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Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’
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Economic Data Paint a Picture of Two Americas
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Business as Usual in California? Comparing FTC’s Noncompete Final Rule to California Law
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New EEOC Pregnant Workers Rule Adds Requirements This Month
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Majority of Hotels Report Staffing Shortages
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