This afternoon, 3–4 p.m. Eastern time, don’t miss the ASAPro Webinar “Recruiting for the Manufacturing Industry.” Learn what factors are contributing to the talent shortage, how the lack of qualified applicants affects the U.S. economy, and how the staffing industry can support efforts to bolster the talent pool. This Webinar is free for ASA members and qualifies for 1.0 continuing education hours toward ASA certification renewal.
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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