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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.
U.S. Economic Growth in First Quarter Was Milder Than Initial Reading
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The Number of Americans Applying for Jobless Benefits Inches Up, but Layoffs Remain Low
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Richmond Fed: Manufacturing Activity Improved but Remained Sluggish in May
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Pregnant Workers Fairness Act Final Rule to Take Effect June 18
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Cool for the Summer: Workplace Safety in the Sizzling Summer Heat
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More Than Half of Companies Eager to Snag U.S. College Grads
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Construction Employment Increases in 218 of 358 Metro Areas From April 2023 to April 2024
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Discriminatory Harassment Requires Pervasive Conduct
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Connecticut Expands Paid Leave Statute to Permit Benefits for Victims of Sexual Assault
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