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 Today—Assistance for Small Businesses
Don’t miss the ASA webinar “How the SBA’s Office of the National Ombudsman Supports and Helps Small Companies.” It takes place today from 2 to 3 p.m. Eastern time. Learn how the U.S. Small Business Administration’s Office of the National Ombudsman works to help small businesses that feel they are being negatively affected by federal regulations, excessive audits, and unfair penalties and fines.
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.
New Staffing Professionals Starting? Onboarding Courses Available on ASA Learn
Looking to enhance your new hire process and your team’s knowledge of the staffing industry? Need to train new hires or offer refresher courses to seasoned team members? ASA has developed a program of onboarding courses specifically designed for staffing, recruiting, and workforce solutions professionals.
You can purchase and assign courses to your team and track their progress using the ASA learning management system, ASA Learn. The online course modules include “Introduction to the Staffing Industry,” “Fundamentals of Sales,” and “Fundamentals of Recruiting.” Modules are available as a full set or a la carte. To learn more, visit learn.americanstaffing.net.