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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.
CVS Responds Quickly After Pharmacists Frustrated With Their Workload Don’t Show Up
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Logistics Companies Grow Cautious on Holiday Hiring
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Consumer Spending Rose at Weakest Pace in a Year Last Quarter
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Dick’s Sporting Goods’ Proposed Holiday Hiring Slips to 8,600 Amid Higher Labor Costs
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Jobless Claims Stay Extremely Low. No Sign of Rising Unemployment
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CFOs: Interest Rates Dampen 2023 Spending; Outlook for 2024 Brighter
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Metavesco to Spin Up New Staffing Division, Acquire IP From Epic Labor
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Richmond Fed: Manufacturing Activity Gained in September
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UPS to Hire Over 100,000 Seasonal Workers Ahead of Holiday Rush
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