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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.
CHG Healthcare Acquires LocumsMart
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Diversified Search Acquires Storbeck Search & Associates
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New Jobless Claims Fall and Return Close to a 50-Year Low
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Productivity Increases in 2019 at Fastest Pace in Nine Years
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Access Resources on Working With Minority-Owned Businesses
Staffing companies—particularly small businesses and minority-, veteran-, LGBT-, and woman-owned businesses—find they may be able to partner with larger companies that have supplier diversity initiatives in place.
The ASA inclusion, diversity, equity, and advocacy (IDEA) group has developed guidance for ASA members interested in partnering with those companies or in becoming a diverse-owned certified business.
Visit americanstaffing.net/diversity for a directory of diversity certification organizations, a glossary of common terms, and more.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 20,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Election Season Is Here: Can Your Employees Leave Work to Vote?
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U.S. Department of Labor Selects 12 States and the District of Columbia to Increase Employment of People With Mental Health Disabilities
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Illinois Employers: 10 New Employment Laws You Need to Know for 2020 and Beyond
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Eagerly Anticipated Guidance on Illinois’ Sexual Harassment Prevention and Training Requirements Released
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Owners of North Carolina Staffing Firms Plead Guilty to Employment Tax Fraud
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Construction Employment Increases in December
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