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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.
Job Openings Fall to Two-Year Low
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Online Labor Demand Remained Essentially Flat in January
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Fed’s Powell Says Risks to the Economy Remain, Particularly From the Coronavirus
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Free ASA Webinar Tomorrow—Safety for Shipyard Workers
Don’t miss tomorrow’s ASA webinar “OSHA’s Safety and Health in Shipyard Employment Bulletin,” 3–4 p.m. Eastern time. Get an overview of the U.S. Occupational Safety and Health Administration’s guidance on protecting the health and safety of temporary workers in shipyard employment.
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.
Register Today for the ASA Staffing Law Conference
The 2020 ASA Staffing Law Conference is the only event dedicated to the legal and regulatory issues affecting the staffing, recruiting, and workforce solutions industry. Make sure you and your colleagues reserve your seats today—the conference takes place May 7–8 at the Grand Hyatt Washington in Washington, DC.
Among the highlights of this year’s ASA Staffing Law Conference:
- Charlie Cook, widely regarded as one of the nation’s leading authorities on U.S. elections, will discuss how the 2020 elections could affect business. This session is sponsored by Essential StaffCARE.
- A study of the schemes that lead to data breaches, corruption, and blackmail—led by lawyers, incident response negotiators, and forensic experts who have worked with staffing companies that have suffered data breaches or ransomware attacks.
- Look at the challenges and opportunities around marijuana-related laws—from workplace safety and employer liability issues to servicing clients in the marijuana industry.
Don’t miss these and other valuable sessions at the 2020 ASA Staffing Law Conference. Learn more and register today at staffinglawconference.net—and register by March 20 for the best rate available.
Fifth Circuit Affirms a Disability Is No Excuse for Sleeping on the Job
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Not Rehiring a Recently Retired Employee Can Lead to Liability
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Court Gives California Independent Contractor Law AB 5 the Green Light
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New York City Factsheet Clarifies New Independent Contractor Protections, Including Training and Accommodations
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The Who, What, and When on Illinois’ Mandatory Sexual Harassment Prevention Training
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Montana Approves Decrease in Workers’ Compensation Costs
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