This year’s ASA annual convention and expo, Oct. 9-11 in Las Vegas, is sure to be the most successful, content-rich, industry event ever. If you’re planning to attend, you can register online today, print the workshop materials you’d like to have on hand while you’re there, and get ready to meet thousands of staffing and recruiting professionals at the most important industry event of the year.
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.
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