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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.
Economy Grows in Fourth Quarter of 2021
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Jobless Claims Drop
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Durable Goods Orders Declined in December
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Fed Plans to Raise Rates Starting in March to Cool Inflation
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Free ASA Webinar Today—Getting Women of Color Into the C-Suite
Don’t miss the ASA webinar “Panel Discussion: Women of Color in the Staffing Industry C-Suite.” It takes place today from 2 to 3 p.m. Eastern time. Find out how to advance diversity and inclusion in corporate leadership during this session presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group. The ASA IDEA group is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors TerraFirma and WorkN.
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.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 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:
- Claiming the employee retention credit
- Retention rates for travel nurses
- Using data and metrics to attract and retain talent
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.
NLRB Launches Electronic Spanish-Language Charge and Petition Filing
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California to Bring Back Covid-19 Supplemental Paid Sick Leave
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Pennsylvania Supreme Court Rejects Business Registration as Means for Consent to Personal Jurisdiction
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City of Seattle’s ‘Independent Contractor Protections Ordinance’ Will Go Into Effect in September
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Are Vaccine Mandates Pushing Employers to the Brink?
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Inflation Concerns Surge Among Employees
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