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.
Conference Board Leading Economic Index for the U.S. Declines Again in October
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Amazon.com to Cut ‘Several Hundred’ Alexa Jobs
Free ASA Webinar Tomorrow—Improving Client Loyalty
Don’t miss tomorrow’s ASA webinar “Boosting Client Retention and Building Client Loyalty,” 2–3 p.m. Eastern time. Get strategies and techniques to retain clients from Kim Henderson of Cobalt Compass and Sam Smith of Revenue Growth Advisors. They’ll outline a 10-step plan for minimizing customer churn and keeping clients engaged in any economic climate.
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.
The Law and You—Get Compliance Right
Do business compliance woes have you up at night? In the latest issue of Staffing Success magazine, attorney Joanna Monroe of Staffing GC presents three key steps that staffing firms can take today to reduce their risk, protect their bottom line, and improve their competitive advantage.
Access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.