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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.
Good Faith Defense Applies to Wage Statement Penalty Claims
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Initiative to Repeal PAGA on November 2024 Ballot in California
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DOL Encourages Construction Industry Employers, Stakeholders to Join 2024 National Safety Stand-Down to Prevent Falls
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Exempt or Nonexempt? It’s Time for Employers to Evaluate Exempt Employees’ Status Again as DOL Updates Minimum Salary Requirements
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Oregon DOJ Ramps Up Child Support Reporting Requirements for Payments to Independent Contractors
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Terminating Workers in the Private Sector for Their Political Affiliations and Activities
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Must an Employer Accommodate an Employee Who Won’t Use Transgender Names and Pronouns?
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Lost in Translation? Challenges and Solutions for HR Communications
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Employer Alert: May 8 California Pay Data Reporting Compliance Deadline
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