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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.
Jobless Claims Climb to Nearly Three-Month High
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Manufacturing Activity Contracted in January
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Chicago Business-Activity Index Falls Further Into Contraction Territory in January
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Fed Keeps Rates Steady While Powell Says March Cut Unlikely
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The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Indemnification and insurance terms in client contracts
- Training new recruiters and salespeople
- What paid leave benefits staffing firms are providing
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Very Helpful Guidance on the ADA From the Fourth Circuit
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Artificial Intelligence in the Workplace: Use Policies
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Nearly All Talent Acquisition Teams Leverage AI and Automation Amidst Hiring Challenges
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2024 Construction Workforce Shortage Tops Half a Million
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More Than Half of Employees Rate Their Company’s Wellbeing Support as Average or Poor
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Returning From Parental Leave Can Be Stressful. How Some Employers Aim to Fix That
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