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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.
Additional Changes in Paid Leave Obligations for Chicago Employers Start July 1
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2024 Minnesota Legislative Update for Employment Law
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Creative Circle 2024 Client Pulse Report: Navigating AI in the Creative and Marketing Industry
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Construction Spending Slips 0.1% in April
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An Update on Maryland’s Paid Family and Medical Leave Insurance Law
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Marcum Technology Announces Strategic Acquisition of CLA’s IT Enhanced Managed Services Division
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S&P Global U.S. Manufacturing PMI: Renewed Increase in New Orders in May
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Microsoft Is Laying Off Hundreds in its Azure Cloud Business
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Yoh Survey Reveals What Americans Most Want to Discuss When Looking for a Job
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