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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.
Vermont Latest in Growing List of States to Enact Pay Disclosure Law
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EEOC’s Pregnant Workers Fairness Act Regulations Set to Take Effect June 18
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In Advance of July 1 Compliance Deadlines, Chicago Agency Posts Updated Guidance and Notices
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BambooHR: A Quarter of Execs Hoped for Turnover With Return to Office Policies
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Data Show Caution Among CEOs
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Uber Loses Challenge to California Gig Work Law in U.S. Appeals Court
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The List of States Regulating Nondisclosure Provisions Continues to Grow
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Trucking Payrolls Slide on Weaker Freight Demand
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U.S. Wage Growth Reaccelerates
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