New Hampshire Public Radio (11/28/12) Todd Bookman
David Kwiatkowski, the former temporary medical technician at the center of a hepatitis C outbreak, has been indicted by a grand jury on 14 federal charges. Prior to working in New Hampshire, Kwiatkowski worked in seven other states as a temporary medical technician. He was arrested in July for stealing syringes filled with pain medication, which he would inject into himself and then reuse on patients. Kwiatkowski denies the charges.
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.
Associated Press (11/29/12)
According to a lawsuit filed this month by PeopleSource of Arkansas LLC, Nancy Todd’s Poker Palace owes almost $30,000 to the employment firm that sourced signature-gatherers for her failed ballot measure to legalize casinos.
MarketWatch (11/30/12)
The Chicago Purchasing Managers’ Index report slightly accelerated in November, increasing to 50.4 from 49.9 in October. The index came in just a shade below the 50.5 MarketWatch-compiled economist consensus. Production and employment accelerated, but new orders slumped 5.3 points to 45.3. Any reading above 50 indicates expansion.
Wall Street Journal (11/29/12) Janet Hook; Damian Paletta; Carol E. Lee
President Obama has issued a proposal for avoiding the fiscal cliff that offers a starting point for negotiations, and while Republicans have called the plan a step backward, they have yet to offer up a plan. Obama’s proposal would give Congress new powers to increase the federal debt limit, calls for $50 billion in infrastructure spending next year, and would raise $1.6 trillion over 10 years by ending Bush-era tax cuts for the wealthiest Americans and changing the tax code to limit tax breaks to those households. It also calls for an extension of the payroll-tax cut and unemployment benefits.
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.
The latest edition of the ASA Staffing Professional Catalog is now in the mail and available online. Take your staffing firm to the next level with reports for measuring your business, educational programs on hot topics, certification study materials to give you a competitive edge, tools for marketing your company, and books to help you avoid legal mistakes. Check out the catalog at ASA Digital.
Can you offer solutions for the challenges that staffing firms face today? The American Staffing Association is now looking for staffing industry professionals to share their experience and expertise through published articles and presentations. ASA is also looking for professionals in business, work force, workplace management, and other disciplines pertinent to the staffing industry.
As a presenter for ASA, you will have the opportunity to reach out to staffing industry professionals and build lasting connections.
The deadline to submit a Staffing World® 2013 workshop proposal is Dec. 10.
Proposals for ASAPro Webinars or articles for ASA publications are accepted on an ongoing basis. Earlier submissions are given priority.
Do you know of a staffing professional in your company who would be a perfect presenter for ASA? Asking your internal staff to submit a proposal helps show them how important they are as an employee and resource in your company.
For more information and to download submission guidelines, visit americanstaffing.net.
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