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.
Staffing 360 Solutions Reports Second Quarter 2023 Financial Results
Forecasters Upgrade Growth and Job Gains in 2023 and 2024
Inflation Flat in October Thanks to Cheaper Gas, CPI Finds
Consumers’ Expectations Largely Stable in October
Inflation and Labor Struggles Continue to Hinder the Small Business Economy
Free ASA Webinar Today—Staffing Industry-Specific Data
Don’t miss the ASA webinar “Staffing STATS—The 2023 Staffing Industry Playbook.” It takes place today from 2 to 3 p.m. Eastern time. The ASA Staffing STATS webinar series provides members with timely data and reliable analysis of industry research and economic trends. In the third webinar of the series for this year, get a strategic look at data and analysis from the 2023 Staffing Industry Playbook. Sponsored by Essential StaffCARE, an ASA corporate partner.
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.
Participate in the ASA Quarterly Staffing Employment and Sales Survey
The association’s quarterly Staffing Employment and Sales Survey for the third quarter of 2023 is now open. Staffing companies that complete the brief survey—including search and placement firms—will have access to an exclusive report on the results, enhanced with graphs. The report, which participants can download from the ASA website, also includes an executive summary, plus sales category and sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends and provide direct hire metrics. Participate in the Staffing Employment and Sales Survey by Dec. 1 to get the staffing industry information you’re looking for.
There are no fees to participate. Register to take the survey, or view the questionnaire, at americanstaffing.net/quarterly-survey.