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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.
Durable Goods Orders Were Flat in August, Beating Forecasts of a Sharp Decline
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U.S. Economy Grew at a Solid 3% Rate Last Quarter, Government Says in Final Estimate
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House Panel Probes DOL’s Leak of Revised Jobs Data to Wall Street Firms
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Elevate Your Business With Resources From ASA
Are you looking for ways to improve your agency’s image among prospective clients and candidates, or to expand your firm’s services? Two new resources from ASA sections offer guidance that will set you up for success.
- Three Steps to Professional Social Media Engagement, developed by the resources working group of the ASA office–administrative section, presents recommendations for staffing professionals on how to navigate social media professionally, ethically, and with integrity—to maintain their personal reputations and to serve as effective ambassadors of their company’s brand.
- Mastering Direct Hire Staffing: Five Best Practices for Success, created by the resources working group of the ASA direct hire section, lists practical tips to help firms break into direct hire or take their current services to the next level.
ASA sections are sector-specific communities for member companies and their employees. Visit ASA Central to join a section so you can connect with peers in your sector.
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:
- How technology is changing recruiting
- Metrics and targets for new account executives
- Talent shortages can create opportunities for staffing firms
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.
Workplace Safety Concerns for Florida Employers in Anticipation of Hurricane Helene
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Pennsylvania Enacts Noncompete Ban for Certain Health Care Providers
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New Maryland Employment Laws Set to Take Effect Oct. 1: Is Your Business Prepared?
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Managing the Employment Relationship in New Mexico
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CareerBuilder: Significant Disconnect Between Employer Pay Transparency Practices and Job Seeker Expectations
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Express: Social Media Trends Influencing Workers
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Bullhorn: AI Is the Future of Recruitment, and the Workforce Is Ready
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