BusinessWire (05/21/13)
Corporate Resource Services Inc. reported revenues of $194.2 million in the first quarter of 2013, up 34.2% from the year-ago period. It also reported net income of $0.1 million, compared with a loss of $2.7 million in the first quarter of 2012.
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.
PR Newswire (05/21/13)
Labor SMART Inc. reported net revenues of $2.5 million for the first quarter of 2013, up 115% from roughly $1.2 million reported for the first quarter of 2012.
The company saw additional expenses related to staff payroll increases as training continues for its expansion team. Meanwhile, the company’s branch count increased in the first quarter by 33% from six to eight; year to date, the company’s branch count increased by 133% from six to 14 in the first five months of 2013.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
Do you know how to create enforceable recruiting agreements with your clients? Get help during the ASAPro webinar “Protecting and Collecting Your Direct Placement Fees,” tomorrow from 3 to 4 p.m. Eastern time. Attorney Mike Rode will expand on key issues discussed in the 2013 Staffing Law Conference session “Direct-Hire Contracts—Collecting the Fee.” This ASAPro webinar is an excellent primer for recruiting and search consultants who plan to earn the new Certified Search ConsultantSM credential.
This webinar is free for ASA members and qualifies for continuing education hours toward ASA certification renewal. Register online at americanstaffing.net.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
Home