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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.
Illinois Predictive Scheduling Bill Defeated
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Volt Information Sciences Announces Leadership Changes
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UnitedHealth Involved in Deal for Sound Inpatient Physician Holdings LLC
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Jobless Claims Edge Lower as Layoffs Near 50-Year Low
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Free ASA Webinar Today—Use Benefits to Recruit Employees
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Help Advance the Industry—Be Part of the Staffing Technology Taskforce
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Get In-Depth Staffing Operations Data
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The Latest From Your Colleagues on ASA Central
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Recent Decisions Remind Employers That OSHA Citations May Become Final if Not Timely Contested
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Court Expands Reach of California PAGA Representative Actions
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Superior Court Rules Phone Calls, Email Are Not Alternatives to an ADA-Compliant Website
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More Companies Offering Promotions Without Raises—and Many Workers Willing to Accept Them
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U.S. Cybersecurity Worker Shortage Expanding
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