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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 Points to Slow but Expanding Economy
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American Eagle and Aerie Are Gearing Up for Holiday Hiring
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Consumers Expect Further Decline in Medium-Term Inflation Expectations
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Help Advance the Industry by Volunteering With ASA—Deadline This Month
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Welcome New ASA Members
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Safety and Health Program Training for Staffing Firms in Washington
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Sixth Circuit: Employer Can’t Enforce Shorter Contractual Statute of Limitations Period to Bar Title VII Action
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Michigan Court of Appeals Holds That Violating Code of Ethics a Legitimate, Nondiscriminatory Reason for Termination
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How to Navigate Pay Disparity and Comply With Equal Pay Requirements
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Actions for Employers to Take When an Employee Passes Away
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Understanding Employee Termination Law in Texas
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Seasonal Job Seekers Prioritize Flexible Schedules Over Higher Pay
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