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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.
Why U.S. Prime-Age Workforce Participation Is Lagging Behind Other Nations
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Services Business Activity Growth Accelerates to Fastest Since April 2015
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U.S. Productivity Rose 0.4% in the First Quarter, vs 0.6% Increase Expected
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Free Town Hall Forum Tomorrow for Engineering, IT, and Scientific Firms
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Free ASA Webinar Tomorrow—Use Benefits to Recruit Employees
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Earn Recognition and Differentiate Your Firm—Deadlines Are Approaching
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NLRB Chairman Provides Response to Senators Regarding Joint-Employer Inquiry
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Second Stage of Minneapolis Minimum Wage Hike to Take Effect July 1
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Arizona Updates Its Data Breach Notification Law
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Duluth, MN, Enacts Paid Sick Leave Law
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Court Pays PAGA Plaintiff Victory in Wage Statement Challenge
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CEO Optimism Ebbs for First Time in Two Years
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Workforce Challenges Continue to Impact Construction Industry
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