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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.
Changes to Washington State’s Noncompete Law Require Employers to Take Action
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Maryland Law Provides Protected Organ and Bone Marrow Donation Leave—Do Your Policies Comply?
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Unincorporated Los Angeles County Employers Must Comply With New Rules When Considering Applicants’ Criminal History
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The Birth of Another Form of Paid Leave: Prenatal Leave for New York-Based Employees
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Federal Agencies Flip-Flop on Two Federal Employment Rules
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New Florida Law Blocks Certain Local Workplace Rules
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Utah Enacts Bill Impacting the Use of Confidentiality Clauses in Employment Settlement Agreements
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New York City Creates Workplace Bill of Rights Poster to Be Distributed by July 1
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Phoenix City Council Requires Heat Safety Plans From City Contractors
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