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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.
BBSI Reports Second-Quarter 2017 Financial Results
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CDI Corp. Reports Second-Quarter 2017 Results
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On Assignment Acquires Stratacuity Staffing Partners
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U.S. Productivity Rose at 0.9% Rate in Second Quarter
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U.S. Job Openings Climb to Record 6.2 Million at End of June
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Free ASA Webinar Tomorrow—Making the Most of the Most-Desired Candidates
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Free Town Hall Forum This Month for Engineering, IT, and Scientific Firms
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Staffing Firm Settles Overtime Case
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NLRB Chairman Miscimarra Is Leaving in December
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Asking ‘How Are Things Going?’ Violates the NLRA and Forces a Rerun Election
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North Carolina Business Court Decision Could Affect Noncompetition Covenants
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Older People Dying on Job at Higher Rate Than All Workers
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