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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.
Kansas City Fed: Manufacturing Activity Fell Again
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Robert Half Reports First-Quarter Financial Results
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BDV Solutions Acquires Arkansas Global Connect
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Tesla to Cut More Than 6,000 Jobs in Texas, California, Notices Show
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ASGN Reports First Quarter 2024 Results
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GDP Growth Slows While Core Inflation Accelerates
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Jobless Claims Drop to Lowest Level Since Mid-February
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Delta Air Lines Gives Workers 5% Raise, Boosts Starting Pay
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Business Roundtable Releases Cybersecurity Playbook to Help Employers Build Talent Pools, Expand Employment Opportunities
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