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.
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Free ASA Webinar Today—Worker Safety in Washington State
Don’t miss the ASA webinar “Washington State’s NEW Temporary Worker Safety Law: How to Comply.” It takes place today from 3 to 4 p.m. Eastern time. Learn about the new Washington state law that takes effect July 25, which creates several new obligations on staffing agencies and clients and reinforces some existing ones.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending July 4.
Buckeye Health Staffing
Canal Winchester, OH
DRG Professional Services
Oklahoma City, OK