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.
Metavesco to Delay Staffing Acquisitions
Network in Your Niche During ASA Virtual Networking Calls Happening Next Month
As your staffing firm faces evolving challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA (participants will not receive official legal updates or guidance regarding Covid-19).
Get the full schedule and register at americanstaffing.net:
- Industrial section: Tuesday, Jan. 23, 1–2 p.m. Eastern time
- Health care section: Wednesday, Jan. 24, 1–2 p.m. Eastern time
- Professional–managerial section: Thursday, Jan. 25, 1–2 p.m. Eastern time
Networking calls are open to ASA members and members of ASA sections, which are sector-specific communities that provide resources, webinars, town hall forums, and sector-specific news for member companies and their employees. To join a section, update your profile on ASA Central.
Staffing Today Returns Jan. 2
In observance of New Year’s Day, ASA headquarters will be closed Monday, Jan. 1. Staffing Today will return Jan. 2, 2024.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Dec. 24.
Continental Labor & Staffing Resources
New York, NY