Did you miss the ASAPro Webinar “Post-Election Health Care Reform Update“? You still have an opportunity to hear what a panel of legal and staffing industry experts said about the Affordable Care Act and the steps staffing firms can take to ensure their compliance with the law. Listen to the free recording of this ASAPro Webinar at americanstaffing.net/asapro.
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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