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—Managing Workers’ Compensation Costs
Don’t miss the ASA webinar “Cutting Costs: Winning Workers’ Compensation Strategies.” It takes place today from 2 to 3 p.m. Eastern time. Get tips for reducing workers’ compensation costs and making more profitable business decisions for your company. Sponsored by Taylor English.
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.
Resources on Diverse-Owned Businesses Available for ASA Members
Staffing companies—particularly small businesses and minority-, veteran-, LGBT-, and woman-owned businesses—find they may be able to partner with larger companies that have supplier diversity initiatives in place.
The ASA inclusion, diversity, and equity advocacy (IDEA) group has developed guidance for ASA members interested in partnering with those companies or in becoming a diverse-owned certified business. The ASA IDEA group is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors HiringSolved and WorkN.
Visit americanstaffing.net/diversity for a directory of diversity certification organizations, a glossary of common terms, and more.