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 Tomorrow—Due Diligence for Mergers and Acquisitions
Don’t miss tomorrow’s ASA webinar “Key Accounting and Tax Issues in Staffing Mergers and Acquisitions: What Every Buyer and Seller Needs to Know,” 2–3 p.m. Eastern time. If you’re considering buying or selling a staffing firm, Paul Pincus of Ortoli Rosenstadt LLP, with Michael Napolitano, CPA, and Marilyn Garcia of Citrin Cooperman, will review the financial data you need to assess, tax implications you need to consider, and information you need to empower you on your buying or selling journey. Presented by Ortoli Rosenstadt LLP and Citrin Cooperman.
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.
ASA Membership Provides Targeted Learning—Renew Today
ASA members have access to the industry’s most comprehensive and respected educational and professional development resources. Members can cultivate staffing-specific knowledge and acquire expertise that sets them apart from the competition, enhances their operations, and protects them from legal pitfalls.
Remember to renew your ASA membership today and continue to
- Access free, live webinars hosted by industry experts
- Enroll in professional certification programs that validate your team’s expertise
- Attend the industry’s most comprehensive convention and expo
Visit americanstaffing.net/renew or call the membership department at 703-253-2020.