This content is for ASA members only.
If you’re already a member, please sign in to read more.
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.
Bipartisan Immigration Law Revision Passed by U.S. Senate
Bloomberg (06/27/13) Kathleen Hunter; Roxana Tiron
The U.S. Senate passed a comprehensive, bipartisan immigration bill on June 27 that would provide a path to citizenship for 11 million undocumented immigrants, increase border security, revamp U.S. visa programs, and create a program for low-skilled, nonfarm workers through an agreement between the U.S. Chamber of Commerce and the AFL-CIO. However, many observers are doubtful that the U.S. House will take up a similar bipartisan bill, especially given that many Republicans want proof that border security measures are effective before giving undocumented immigrants legal status.
Senate Minority Leader Mitch McConnell (R-KY) voted against the bill, and some believe his stance will encourage House Republicans to oppose an immigration bill there. Meanwhile, Rep. Raul Labrador (R-ID) does not believe a comprehensive, bipartisan bill is possible, but he believes individual bills could eventually be passed.
Get News for Your Business at Staffing World® 2013
Your industry peers are getting ready for Staffing World 2013, Oct. 8–10 in Orlando, FL—have you registered for the ASA annual convention and expo yet? It’s the place for world-class keynote speakers, top-level networking opportunities, and the largest industry expo, and dozens of education sessions—including valuable information and updates about the Affordable Care Act.
The ACA-related content scheduled for Staffing World includes “Health Care Reform—The Time Is Now,” a panel discussion facilitated by ASA senior counsel Edward A. Lenz, Esq., and featuring Alden J. Bianchi, Esq., of Mintz, Levin, Cohn, Ferris, Glovsky & Popeo PC, and James A. Essey, CSP, of the TemPositions Group of Cos., chairman of the ASA legal and legislative committee (and an ASA past chairman).
There’s also “Affordable Care Act—Staffing Firm Compliance Plans,” a panel discussion facilitated by ASA board member Dan Campbell, CSP, of Hire Dynamics, featuring two just-announced panelists: ASA board member Lesa Francis of Staffmark, and Jason Leverant, PHR, CSP, of @WORK Group.
And that’s just a sample. Get the details and register at staffingworld.org. ASA members receive a discounted registration rate.
Welcome New ASA Members
Please join the ASA board of directors and staff in welcoming the following new members, which joined during the week of June 17.
Artisan Staffing LLC
Chesterfield, MO
Executive Travel & Incentives
Chicago, IL
JOBi Staffing
Miami, FL
Quantum Recruiters Inc.
Eugene, OR
TalentPro Staffing
Henderson, NV
Thomason Moving Training
Vancouver, WA
Gov. Markell Signs Workers’ Compensation Task Force Recommendations Into Law
This content is for ASA members only.
If you’re already a member, please sign in to read more.
With Changes to Its Unemployment Law, North Carolina Becomes First State to Drop Federal Jobless Funds
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Delaware Enacts Gender Identity Nondiscrimination Act to Extend Employment Discrimination Protections Based on Gender Identity
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Shortfall in Educated U.S. Workers to Worsen: Study
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Home