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—State-Specific Cybersecurity Laws
Don’t miss the ASA webinar “Beyond California: Update on State Laws Related to Cybersecurity and Privacy.” It takes place today from 2 to 3 p.m. Eastern time. In an increasingly online world, businesses face the growing challenge of safeguarding personal data about employees and consumers while complying with rapidly changing state laws and regulations. Many states—not just California—have been enacting cybersecurity and privacy laws, and attorney Mitzi Hill will provide a comprehensive update on state-specific legislation. 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.