Access the industry’s best educational products and resources for staffing professionals in the online ASA Store, which was updated recently to improve usability and consolidate online sales of ASA products.
The ASA Store delivers an integrated, searchable catalog and shopping cart experience. From certification packages and study guides to marketing tools and data reports, the products and resources in the ASA Store enhance the knowledge of your internal employee and add value to your business. ASA members always receive special rates—go to americanstaffing.net/store.
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.