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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.
Online Labor Demand Declined in March
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Industrial Production Plunges in March
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New York Fed: Manufacturing Activity Plummets
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Free ASA Webinar Tomorrow—Keeping Relationships Strong at a Distance
Don’t miss tomorrow’s ASA webinar “Maintain Powerful Relationships in a Global Pandemic,” 3–4 p.m. Eastern time. Find out how to cultivate strong relationships with internal employees, clients, and candidates in this new—virtual—environment.
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.
New Staffing Professionals Starting? Onboarding Courses Available on ASA Learn
Looking to enhance your new hire process and your team’s knowledge of the staffing industry? Need to train new hires or offer refresher courses to seasoned team members? ASA has developed a new program of onboarding courses specifically designed for staffing, recruiting, and workforce solutions professionals.
You can purchase and assign courses to your team and track their progress using the new ASA learning management system, ASA Learn. The online course modules include “Introduction to the Staffing Industry,” “Fundamentals of Sales,” and “Fundamentals of Recruiting.” Modules are available as a full set or a la carte. To learn more, visit learn.americanstaffing.net.
Michigan Governor Issues Executive Order Creating Protected Class of Covid-19 Positive Employees
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South Carolina Governor Authorizes Use of Covid-19 Support Payments by Employers to Employees
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Benefits Available for Ohio Employees With Reduced Hours
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Seattle Bans Employers From Requiring Medical Verification for Paid Sick Leave for 60 Days
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States Grapple With CARES Act Conformity
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A Second Round of Coronavirus Layoffs Has Begun
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