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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.
Salaries for Graduates Seeking First Jobs Rose 5.2% From Last Year
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Steep Rise in Insect-Borne Illnesses Puts Outdoor Workers at Risk: CDC
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ASA Hall of Fame Inductee Jerome Shaw Passes Away
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Join the Staffing Industry Elite—Save Now When You Earn Your ASA Certification
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Welcome New ASA Members
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Mayor Signs Stop Sexual Harassment in NYC Act Into Law
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San Francisco Revises Paid Sick Leave Ordinance Rules
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Georgia Bans Hand-Held Devices While Driving
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Employee Complaints of Pay Inequity Can Trigger Protected Activity Even With No Mention of ‘Sex Discrimination’
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Understanding Hiring and Wage and Hour Law in Massachusetts
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Employers Willing to Overlook a Criminal Record to Hire the Right Person
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Colorado Study Shows Marijuana Use Higher Among Workers in Certain ‘Safety Sensitive’ Jobs
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