Investing in the career development of your internal team sends a powerful message about your company. Before the year closes, purchase ASA certification packages for your employees to show them you value their future with your company. Plus, through Dec. 31, you can take advantage of the ASA certification sale. You’ll get a 20% discount on certification products—including certification packages, a la carte study materials, exams, lapel pins, certificate frames, and travel mugs and tumblers.
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.