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.
BLS: Staffing Employment Declined Slightly in September
Small Business Labor Shortage Worsens in September
Bank of America Increases Minimum Hourly Wage to $21
West Virginia Hospitals to Get Funds for Pandemic Staffing Issues
ASA Headquarters Closed Oct. 11
In observance of Columbus Day, ASA will be closed Monday, Oct. 11. Staffing Today will be delivered as usual.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Oct. 3.
Beyond Medical Staffing
Caring Hearts Medical Staffing
Hercules Staffing LLC
Kwensy 200 Inc.
The Logan Group
Preferred Government Staffing Inc.
San Diego, CA