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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.
Check the Price Tag: What to Know About the President’s Budget and the Greenbook
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H-1B Cap Registration Period Now Open
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NYS Ban on Employer Social Media Inquiries Takes Effect
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Adapting Performance Metrics for Employees on Reduced Schedules for FMLA and Other Protected Leave
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Washington’s City of Renton Adopts Tukwila Minimum Wage Ordinance, Effective July 1
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Cal/OSHA Releases Its Long-Awaited Model Workplace Violence Prevention Plan
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Ohio Supreme Court Allows Workplace Cities to Tax Remote Workers During Covid-19
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County of Los Angeles Enacts a Sweeping Fair Chance Ordinance for the Unincorporated Areas of the County That Far Exceeds Federal and California Law
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Bellingham Joins Other Washington Cities in Setting Its Own Higher Minimum Wage
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