MarketWatch (04/17/14) Greg Robb
The Federal Reserve Bank of Philadelphia’s mid-Atlantic manufacturing index increased to 16.6 in April from 9.0 in March, the strongest reading since September and stronger than MarketWatch’s economist forecast of 10.0. Severe winter weather resulted in a negative 6.3 reading in February. New orders rose to 14.8 in April, shipments grew to 22.7, and inventories increased to negative 1.5 from negative 6.8.
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.
U.S. Citizenship and Immigration Services (04/17/14)
U.S. Citizenship and Immigration Services on April 28 will start premium processing for H-1B petitions subject to the fiscal year 2015 cap. Eligible requests include H-1B petitions seeking a cap exemption for people who have earned a U.S. master’s degree or higher.
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Industry professionals from more than 220 companies have registered for the 2014 ASA Staffing Law Conference—which means few seats remain for this one-of-a-kind event.
The premier program dedicated to the legal issues affecting the staffing and recruiting business takes place May 21–22 in Washington, DC. As of April 15, fewer than 40 spots were available.
Don’t miss this opportunity to get the timely, industry-specific information you need, including Affordable Care Act updates and compliance strategies. Register today at americanstaffing.net.
Share your firm’s data with ASA so you can get the staffing industry information you’re looking for. Participate in the association’s quarterly Staffing Employment and Sales Survey by April 30. Staffing firms that complete the survey receive an exclusive report on the results, which includes temporary and contract staffing sales and gross margin data by sector.
The data collected by this survey, which is sponsored by ASA research partner CareerBuilder, are essential to the association’s legal and legislative advocacy efforts on behalf of the staffing industry. Register to take the survey or view a PDF version of the questionnaire at americanstaffing.net. There are no fees to participate.
The ASA board of directors and staff welcome the following new members, which joined during the week of April 7.
1-Call Staffing
Kingman, AZ
Absolute Business Connections
Charlotte, NC
Always There In-Home Care
Birmingham, AL
Bayada Home Health Care
Moorestown, NJ
Direct Labor Solutions
Memphis, TN
Kranect
Denver, CO
Shuart & Associates, Legal Search and Staffing
Covington, LA
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.
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