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—Forecasting 2024
Don’t miss the ASA webinar “ASA and the Industry in 2024—Your Industry Forecast for the Year Ahead.” It takes place today from 2 to 3 p.m. Eastern time. Hear about key issues, trends, and forecasts for the year ahead from ASA executives—including chief executive officer Richard Wahlquist; president Stephen C. Dwyer, Esq.; and chief economist Noah Yosif—and learn what strategic priorities ASA is working on for its members.
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.