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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.
Colorado Expands Protections for Biometric Information Under the Colorado Privacy Act
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Two Utah Laws Related to Religious Expression in the Workplace Take Effect
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Half of Workers Report Getting More Job Interviews and Offers After Implementing AI
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BLS: Staffing Employment Declined in May
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Direct Recruiters and Health Innovations Join Forces
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U.S. Payroll Gains May Be Overstating Labor Market Strength
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NFIB Jobs Report: Small Business Compensation Plans Fall to Lowest Level Since 2021
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Employers Subject to Heat Stress Citations Even in Absence of Federal OSHA Standard
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CyberSeek: Cybersecurity Career Opportunities Outpace Supply
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