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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.
Dallas Fed: Texas Manufacturing Activity Weakens Slightly in May
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Supreme Court Says ‘Stay’ Means ‘Stay,’ Not ‘Dismiss,’ in Resolving FAA Circuit Split
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Extreme Heat Will Stifle U.S. Economy, Fed Study Says
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Restaurants Projected to Add 525,000 Seasonal Jobs This Summer
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California Court of Appeal Finds California Law Imposing Forfeiture of Arbitration Rights for Late Payment of Arbitration Fees Is Preempted by the FAA
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DOJ, FTC Seek Information on Serial Acquisitions, Rollup Strategies Across U.S. Economy
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Recent NJ Employment Law Developments
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BofA Study: Percentage of American Workers Feeling Financially Well Rises to 47%
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Ohio Federal Court Rules Judicial Approval Not Required in FLSA Settlements
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