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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.
Aya Healthcare’s Qualivis to Acquire the Chesapeake Registry Program
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New Applications for Unemployment Benefits Drop
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Productivity Declined in the Fourth Quarter
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Sharp Upturn in Business Activity Amid Stronger Client Demand
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Biden’s Labor Pick Would Bring Union Advocate to Cabinet
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Registration Is Now Open for the ASA Staffing Law Conference
The ASA Staffing Law Conference, the only event dedicated to the legal and regulatory issues facing staffing companies, takes place virtually April 29–30.
Make sure your company has the latest information and resources it needs to protect your business and take advantage of growth opportunities. Reserve your spot today at staffinglawconference.net. Rates are as low as $195.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 20,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Paid sick leave for Covid-19 in New York
- Sexual harassment training requirements
- Virtual training for recruiters and salespeople
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Biden Administration Heralds New Protections for LGBTQ Employees
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Checklist of Employer Considerations for Remote Work Policies
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New Jersey Supreme Court Clarifies Good Faith Defense to Wage and Hour Claims
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Covid-19: State Policy Report, Feb. 2
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Construction Employment Declined in 2020 in Majority of Metro Areas
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Starting Salary Projections Show Increases for Class of 2021 Graduates
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