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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.
On Assignment Inc. to Acquire ECS Federal LLC
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ADP: Private Sector Employment Increased by 234,000 Jobs in January
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Online Job Ads Increased 1,200 in January
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Employment Costs in U.S. Match Fastest 12-Month Gain Since 2008
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Participate in the ASA Quarterly Survey to Get Annual Staffing and Recruiting Data
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Get Critical Legal Content—Only at the ASA Staffing Law Conference
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DOJ to Announce Criminal Enforcement Actions for ‘No-Poach’ Agreements
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Unused Sick Time Does Not Count as Wages Under Massachusetts Wage Act
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Alabama Court Decides an Individual With a Partially Amputated Foot Is Not Disabled Under the ADA
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