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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.
Philly Fed: Forecasters See Weaker Outlook for Growth and Lower Unemployment
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Margin Pressure Ahead for U.S. Companies
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Last Chance—Act Now to Get Staffing Employment and Sales Data
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Free ASA Webinar Tomorrow—Creating a Culture of Safety
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Now Live: Staffing World® Digital Advance Program
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Airline Staffing Executive Pleads Guilty to Immigration Fraud
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Another Victory for Medical Marijuana Users at Work
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Oregon Clarifies, Overhauls Manufacturing Overtime Rules
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Delaware Becomes the Latest State to Ban Salary Inquiries
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DOL Introduces Dual Fringe Rates for SCA
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Avoiding Accidental Contracts by Email: A Tech-Centric Point of View
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Court Ruling Means We’re One Step Closer to a Unionized Gig Economy
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How Much-Criticized Occupational Licenses May Reduce Pay Inequality
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