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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.
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Fed Officials Held Faith in Disinflation at Last Meeting Despite Doubts, Minutes Show
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Remote Employees and Workplace Sexual Harassment Prevention Training
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New Jersey ‘Wage Theft’ Amendments Apply Only Prospectively
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California’s New Workplace Violence Prevention Law: July 1 Compliance Deadline—Are You Ready?
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New Jersey Attorney General Says Civil Rights Protections Apply to Out-of-State Remote Workers
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