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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.
Business Economists Foresee Continued Economic Expansion, Solid Job Gains
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Nonmanufacturing Activity Grew in May
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Solid Job Growth Expected This Summer
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U.S. Productivity in First Quarter: Zero Change
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Free ASA Webinar Tomorrow—Manage Stress to Maximize Your Effectiveness
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ASA Certification Materials on Sale Now—Get 25%
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Maximum Employee Contribution Rate Announced for New York State Paid Family Leave Law
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Texas Supreme Court Rules That There Is No Cause of Action for ‘Compelled Self-Defamation’ in Texas
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Nebraska Court Enforces Forum Selection Clause
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Other Times Unemployment Has Been This Low, It Didn’t End Well
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Revised 2017 May Job Cut Report: 33,092
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Construction Employment Increases by 11,000 in May to Eight-Year High
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