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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.
U.S. Jobless Claims Rise to Highest in Nine Months, Led by California
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Federal Reserve Sees Some Progress on Inflation but Envisions Just One Rate Cut This Year
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Jennmar Acquires G&R Gas Services
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Korn Ferry Announces Fourth Quarter and Full Year FY 2024 Results of Operations
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Reminder: Chicago Employers Must Comply With City’s Harassment Training Requirements by June 30 Deadline
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Express: 41% of American Job Seekers Can’t Be Themselves at Work
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Wholesale Prices Unexpectedly Fell 0.2% in May
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California’s New Drug Testing Rules Protect Employees’ Off-Duty Cannabis Use
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NJ Labor Department Announces Municipal Prevailing Wage Threshold Rises to $19,375 on July 1
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