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.
Majority of Business Leaders Expect Increased Holiday Sales; About a Third Intend to Hire Freelancers
Walmart Expands Nationwide Health Care Coverage for Those Employees Who Want Doulas During Pregnancy
Find Resources to Supercharge Your Business’s Growth
Are you ready to safeguard your company’s future and find opportunities in an uncertain economic climate? The ASA Growth Tool Kit was developed to help staffing companies by providing the data, analysis, and business intelligence they need to withstand, and even thrive, during any economic challenge.
Find the tools to help you take advantage of opportunities that can accelerate growth. The ASA Growth Tool Kit is a comprehensive repository of resources such as economic, business, and industry news; educational resources; articles, market analysis, and economic research. Access the ASA Growth Tool Kit at americanstaffing.net.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Oct. 22.
Above All Staffing LLC
HR Solutions Inc.