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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.
Free ASA Webinar Next Week—Get a Better Return on Your Job Ad Spending
Can job distribution platforms extend the reach of your job posts? Could your firm be getting a higher return for its job advertising budget? Learn how these tools can give staffing companies greater visibility into their job advertising budgets during the first ASA Staffing Tech Insights webinar of 2020, “Getting Better Return on Your Job Advertising Spend.” It takes place Thursday, Feb. 27, 2:30–3:30 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.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Feb. 16.
Elev8 Hire Solutions
Atlanta, GA
Find Great People LLC
Greenville, SC
HealthPro Dental Staffing
Putnam Valley, NY
LiveHire
Melbourne, AU
SnapNurse
Atlanta, GA
The Spearhead Group
Houston, TX
Employer of Record Insurance Coverage—What Staffing Firms Need to Know
A growing number of staffing firms are obtaining their liability and workers’ compensation insurance through third-party providers, generally referred to as “employers of record.” In a new article, ASA counsel examines these arrangements and discusses the potential pitfalls staffing firms could fall into if the insurance policies and premiums do not cover the risks involved, or if the arrangement runs afoul of state rules that may apply.
Join the National Safety Stand-Down to Prevent Falls in Construction
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EEOC Opens Registration for Honolulu EEO Seminar for Private and Public Employers
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Looking for Temporary Employees? Consider Looking to Honduras
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Second Circuit: Migraines Insufficient to Support a Disability Under the ADA
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ASA Washington Network Training: Taking Action for Safety and Health in Seattle in March
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Companies Invest in Partnerships, Workforce Training to Bridge Skills Gap
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Small Businesses Embrace Wellness to Help Retain Staffers
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Millennials Show Loyalty to Employers
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