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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.
TrueBlue Reports Fourth-Quarter and Year-End Results
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Cenergy International Services and HKA Enterprises Merge
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U.S. Service Sector Expands at Slower Pace in January
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U.S. Productivity Falls 3% in Fourth Quarter
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Jobless Claims in U.S. Rise as Post-Holiday Adjustments Continue
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Home Depot to Hire More Than 80,000 Workers for Busy Spring
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Free ASA Webinar This Month—Managing Millennials
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Participate to Get 2015 Turnover and Tenure Data
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What’s Trending on ASA Central Right Now
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Solicitor of Labor Eyes July Publication of Overtime Regs
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Few Changes Expected for Hiring in February Compared With a Year Ago
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Four in Five CIOs Say Pressure Is on for Tech Teams
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