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ManpowerGroup Executive Chairman Receives the French Legion of Honor Award

Published November 06, 2015 ■ Headline News

PR Newswire (11/06/14)

Jeffrey A. Joerres, executive chairman of ManpowerGroup, yesterday accepted his award as Chevalier dans l´ordre de la Légion d´Honneur (Knight in the French National Order of the Legion of Honor) from Benedict Donnelly, president of the Hermione-La Fayette Association. The association is a symbol of the Franco-American friendship. The award, presented to Joerres by decree of the president of France, is the highest decoration granted by the French government.

The award acknowledges Joerres’ accomplishments in the field of employment as well as his personal commitment and contribution to the French economy. In bestowing the award, the French government focused on Joerres’ leadership expertise in the world of work and his pioneering achievements in designing and implementing innovative workforce solutions to connect candidates with meaningful work around the globe.

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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.

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