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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.
The Conference Board Leading Economic Index for the U.S. Increased in July
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Youth Unemployment Hits 52-Year Low
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Save the Date for Industry Events in Your State
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Find What You Need for Your Business—Shop the Redesigned ASA Marketplace
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Welcome New ASA Members
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San Antonio Passes Ordinance Requiring Paid Sick Leave
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Federal Court Delivers EEOC Victory Over UPS and Union in ADA Lawsuit on Pay
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Hospital Compliance Officer’s Opposition to Termination of Co-Worker States a Claim of FMLA Retaliation
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The Role of Performance Evaluations in Employment Litigation
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Are Job Ads Targeting Younger Workers Breaking the Law?
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Fewer Job Seekers Relocating
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Nearly All Tech Leaders Say They’ve Made a Bad Hire
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