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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.
U.S. Job Openings Hit 7.1 Million, Exceed Number of Unemployed Americans
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J.B. Hunt Boosts Pay as Trucking Companies Scramble for Drivers
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Get Free Staffing Employment and Sales Data—Participate in the ASA Quarterly Survey
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Florida’s Minimum Wage Will Rise to $8.46 in 2019
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New Jersey Issues Posters for Paid Sick Leave Law
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Developments Affecting Illinois Discrimination and Wage Payment Laws
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New York City’s ‘Cooperative Dialogue’ Requirement: What Employers Need to Know
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OFCCP Issues Flurry of New Directives for Contractors
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Reduction in Hours Constituted FMLA Interference
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California Court of Appeal Concludes That Individuals Can Be Personally Liable for Civil Penalties for Wage and Hour Violations
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Momentum Building Toward More Equitable Tech Workplace
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Child Care Benefits and the Struggle to Find Workers
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