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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.
RCM Technologies Announces Fourth Quarter and Full-Year 2019 Results
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PageGroup Reports Full Year 2019 Results
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Beige Book: Economic Growth in Most Districts Amidst Tight Labor Market
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Jobless Claims Dip, But No Sign So Far of Layoffs Tied to Coronavirus
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Fourth Quarter Productivity Trimmed
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Fastest Contraction in Business Activity Since October 2013
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Hackers Target Companies With Coronavirus Scams
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Revised ASA Certification Books Available
ASA has published updated editions of Co-Employment: Employer Liability Issues in Third-Party Staffing Arrangements (9th Edition) and Employment Law for Staffing Professionals (14th Edition), which are available as print textbooks and ebooks.
The new editions were reviewed by legal experts and revised last summer with new content that’s relevant to your business.
Get more information and order online at americanstaffing.net.
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:
- Choosing a minimum essential coverage (MEC) health insurance plan
- Training employees on grammar and writing
- Understanding information technology terms
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.
How to Compensate Your Employees During a Virus Outbreak
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Second Circuit Holds That Stress-Causing Inability to Perform a Job Is Not a Disability Under the ADA
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Virginia Bans Discrimination on the Basis of Hairstyles
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