PR Newswire (02/27/15)
Noor Staffing Group LLC has entered into an agreement to purchase all assets of Corporate Resource Development Inc., a subsidiary of Corporate Resource Services Inc.
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.
After Yellen’s Congressional Turn, Fed Officials Beat the Rate-Hike Drum
Wall Street Journal (02/27/15) Michael S. Derby
U.S. Federal Reserve officials fanned out to drive home the message that they likely will increase short-term interest rates later this year, reinforcing chairman Janet Yellen’s remarks to Congress. Several central-bank policymakers said in recent days they could begin lifting rates around midyear or later. They largely agreed that recent robust job gains point in the direction of raising the short-term benchmark interest rate from near zero, while weak inflation favors a cautious approach. Meanwhile, the leaders of the Atlanta, St. Louis, and San Francisco Fed banks all expressed optimism about the economy and hailed what they see as genuine and robust improvements in the job market.
Register for the ASA Staffing Law Conference by March 6
The ASA Staffing Law Conference takes place April 28–29 at Gaylord National Resort & Convention Center in metro Washington, DC. It’s the only event dedicated exclusively to the legal and regulatory issues facing staffing, recruiting, and workforce solutions companies. And you’ll save $100 when you register by this Friday, March 6.
Don’t miss the featured speaker, nationally renowned political strategist and commentator Karl Rove; ASA senior counsel Ed Lenz; immigration law expert Helen L. Konrad; employee benefits attorney Alden J. Bianchi, and more.
ASA-certified professionals can earn up to 9.5 continuing education hours, including 8.25 hours of legal CE. Review the full agenda and register today at staffinglawconference.net.
Free ASA Webinar Next Week—Choosing the Right Staffing Software
Are you considering an investment in staffing software for your firm? Find out which questions you should consider before acquiring or changing your operating systems during the ASA webinar “Determining Your Needs When Choosing a Software Solution for Your Firm.” It takes place Thursday, March 12, 3–4 p.m. Eastern time.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
ADA, FMLA, and Medical Marijuana: How Do They Mix?
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The Amendments to the Heat Illness Prevention Plan
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Wage Theft Act Notices Released by DC Mayor’s Office
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Reasonable Accommodation’s Mandate in Employment Statute Does Not Require Employer to Cut Essential Job Functions
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Nurse’s Request to Use Cane in Behavioral Health Unit Not a Reasonable Accommodation, Court Rules
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Decision Reminds Employers of Benefit of Maintaining Appropriate Nondiscrimination and Harassment Policy
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Wages Rise at Restaurants as Labor Market Tightens
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