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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.
Manufacturing Output Declines at Fastest Pace Since August 2009
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ASA Temporary Help Wage Tool Updated and Expanded
Get employment and wage estimates for more than 800 occupations by state—with a focus on the temporary help services industry. The ASA Temporary Help Wage Tool has been revised to provide more state-level detail than ever before and redesigned in a simpler layout.
This resource allows ASA members to benchmark temporary and contract worker wages against combined industry averages. Use the data to inform strategic decisions and support discussions with clients regarding pay rates for specific jobs.
To get more information and download the tool, visit americanstaffing.net/wage-tool.
Free ASA Webinar Next Week—Developing Future Leaders
It can be difficult to know who to promote when a branch needs a manager. Too often, companies promote for tenure rather than for talent—increasing the likelihood that the new manager will burn out, other employees will leave, customer service will suffer, and profits will drop. Learn how to identify and develop strong leaders so you can make the best advancement decisions during the ASA webinar “Leadership and Culture Building—Focus on the Front Line to Improve the Bottom Line,” brought to you by the Women In Leadership interest group. It takes place Tuesday, April 7, 3–4 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.
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:
- Communicating with teams working remotely
Determining status of an SBA loan application- New guidance on the Families First Coronavirus Response Act
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.
U.S. Department of Labor Announces New Paid Sick Leave and Expanded Family and Medical Leave Implementation
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Important Guidance from DOL and IRS Regarding the Families First Coronavirus Response Act
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FY 2021 H-1B Cap Petitions May Be Filed Now
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Sixth Circuit Issues ADA Work-From-Home Decision
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U.S. Chamber Releases Two New Step-by-Step Guides for Covid-19 Employer Tax Credit, Disaster Loans
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New Jersey Expands Earned Sick Leave and State Benefits
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Navigating Washington State Employment and Leave Laws During the Covid-19 Pandemic
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What Employers Need to Know About Maryland’s Approach to Covid-19
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