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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. Core CPI Cools for First Time in Six Months in Relief for Fed
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New York Fed: Manufacturing Activity Declined Again
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Fed’s Powell Expects Inflation to Fall, Though Not as Confident as Before
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Walmart to Cut Jobs at Headquarters, Relocate Others
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U.S. Producer Prices Rose in April by More Than Projected
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NFIB: Inflation Continues to Hinder Small Business Operations
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Consumers Expect Higher Short-Term Inflation
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CEO Confidence Rises in May Poll on Fed Hopes
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Indeed to Lay Off 1,000 Workers
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