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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.
UCLA Anderson Forecast Sees No Recession on the Horizon in 2024
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Walmart Announced Annual Bonus Payments for Full- and Part-Time U.S. Hourly Workers
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EV Taxi Startup Revel to Lay Off Drivers for Uber-Like Gig Model
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FTC Noncompete Rule: How DC, MD, and VA State Laws Are Affected
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Korn Ferry: 71% of U.S. CEOs Experience Imposter Syndrome
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Construction Employment Increases Between April and May
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New HIPAA Privacy Rule: Employers Must Keep Reproductive Health Information About Plan Participants Private
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Heat-Related Illness Prevention: New Resources From OSHA
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Maryland Prohibits Workplace Vaping
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