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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Get Ready for the Year Ahead With Insights From the 2021 Staffing Industry Playbook
The highly anticipated Staffing Industry Playbook, an annual economic analysis of the staffing industry, was recently released by ASA. The playbook provides data-driven information and insights that are critical to strategic planning and business development—in a user-friendly format—so you can understand the U.S. staffing and recruiting industry during the current economic disruption and evaluate where it’s headed.
You can also get a look at the major takeaways from the Staffing Industry Playbook in the most recent installment of the Staffing STATS webinar series (sponsored by Essential StaffCARE), available as a free ASA On-Demand webinar.