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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.
United Airlines Cuts Hiring Plans for 2024 Due to Boeing Delays
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USCIS Announces Trial Launch of E-Verify+; New E-Verify Login Effective June 25
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Employers, Leave Those Union Flyers in the Breakroom Alone
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Did This Company Retaliate or Simply Exercise Its First Amendment Right (to Blast Its Employee on Facebook)?
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ADP: Private Sector Employment Increased by 152,000 Jobs in May
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BLS Releases Data on Job Openings, Hires, and Separations in April
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U.S. Factory Orders Rise for Third Straight Month in April
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U.S. Small Business Job Growth Shows Positive Gains, While Wage Inflation Decelerates
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Services Purchasing Managers’ Index Rebounded in May
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