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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.
New Guidance Permits Oregon Employers to Rescind Previously Protected Unpaid Family and Medical Leave Effective July 1
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After Falling to Record Low, Relocation Rises, Spiking for Highest-Wage Earners Amid RTO Mandates in Q1 2024
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Workforce Drug Test Cheating Surged in 2023
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Labor Department Accidentally Released Some Inflation Data Early on Wednesday
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The Conference Board Leading Economic Index for the U.S. Continued to Fall in April
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Women Benefit From Record U.S. Part-Time Work and Remote, Flexible Options
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NABE Panel Forecasts Higher Inflation Through 2024; Economic Growth Still Expected to Be Strong
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Maryland Amends Pay Transparency Law to Require Wage Range Disclosure in Job Postings
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Next Round of California Employer Deadline Alerts: Pay Reporting and Workplace Violence Prevention Plans
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