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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.
Job Cuts Flat in May; Hiring Plans Fall
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U.S. Productivity Growth Slowed in Early 2024
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Slightly More Americans Apply for Jobless Benefits, but Layoffs Remain at Healthy Levels
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S&P Global: Sharp Rise in Services Business Activity
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OpenAI Employees Are Demanding Change
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EU Corporate Sustainability Due Diligence Directive: Raising the Stakes on ESG Regulations
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Washington Employers to Face Increased Limitations on Noncompetes
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Most U.S. Employees Prefer to Stay in Their Current Jobs
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MGMA Report Highlights Productivity Gains, Rising Physician Compensation
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