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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.
Solid Job Growth Expected in the Coming Months
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Labor Slack’s Vanishing Act Signals U.S. Wage Gains Coming Soon
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Get Ready for ASA Central Week
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West Virginia Safer Workplace Act Redefines Employee Drug Testing
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Random Drug Tests (Still) Not Advisable in Most California Workplaces
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OSHA Rescinds Its Union Nonemployee ‘Walk-Around’ Rights Interpretation
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Ninth Circuit Holds That Prior Salary Alone May Justify Pay Differential in Equal Pay Act Cases
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DOJ Indictment of Senior Project Manager Reminds Employers of Severity of Potential Consequences When Dealing With OSHA Inspectors
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An EEOC Charge Has Been Filed Against Your Company. What Now?
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Search and Placement Employment Edged Down in March
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Construction Employment in April at Highest Level in Nine Years
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