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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.
RCM Technologies Inc. Announces Third Quarter Results
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U.S. Jobless Claims Remain Low—Labor Market Stays Strong
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Online Labor Demand Fell in October
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Slowest Rise in Services Business Activity Since February 2016
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Consumer Expectations for Short- and Medium-Term Inflation Were at Historic Low in October
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Free ASA Webinar Tomorrow—Get Ready for DOL’s New Overtime Rule
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Free ASA Webinar Next Week—Utilizing New Staffing Technologies
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Get Free Staffing Employment and Sales Data—Participate in the ASA Quarterly Survey
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The Latest From Your Colleagues on ASA Central
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New York’s SHIELD Act Imposes Strict Cybersecurity Requirements on Businesses
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Rhode Island Passes Legislation That Restricts Use of Noncompete Agreements for Certain Low-Wage Workers
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Labor Board Makes E-Filing Mandatory
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Courts Dent Gig Companies’ Shield Against ‘Existential’ Threat
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Courts Confirm Martinez—Not Dynamex—Applies to Joint Employer Claims in California
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Seasonal Hiring Update: Retail Hires Jump 18% Over Last October
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