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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.
Core Inflation Posts Largest Gain in 4.5 Years
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U.S. Economic Growth Will Slow
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Free ASA Webinar Next Week—Encore of Medical Marijuana Session
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Pledge to Support CSR During ASA Cares Month
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Welcome New ASA Members
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Oregon Lawmakers Approve Landmark Minimum Wage Increase
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New Workers’ Compensation Loss Cost Decrease for Pennsylvania
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EEOC Implements Nationwide Procedures for Releasing Respondent Position Statements and Obtaining Responses From Charging Parties
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Policy Provisions to Curb FMLA Abuse
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California’s New E-Verify Law—Get It Right or Pay the Price
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Employers May Be Held Liable for Employees’ Cyberbullying
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Gig Economy Attracts Many Workers, Few Full-Time Jobs
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