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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.
Conference Board Leading Economic Index for the U.S. Plummets in March
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Free ASA Webinar Next Week—Turn Challenges Into Opportunities
In times of crisis, there is opportunity—and if you can manage your emotions when under stress, you may find you’re able to generate some of your best ideas. Learn how to turn challenges into resources during the ASA webinar “Building Resilience—Harnessing and Leveraging Adversity.” It takes place Wednesday, April 22, 2–3 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.
Free ASA Webinar Next Week—Finding a Way Through This Pandemic
Can your staffing company answer two critical questions about how it’s managing operations through the pandemic and how it will prepare for the eventual resumption of business? Get tips from a panel of industry veterans and research experts during the ASA webinar “Navigating the Pandemic Now—And Planning for the Future.” It takes place Thursday, April 23, 2:30–4 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.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending April 12.
AVAILABILITY Professional Staffing
Modesto, CA
Celerity Staffing Solutions
Middleton, WI
EverPhase Intellectual LLC
Tempe, AZ
Loma Linda Staffing
Loma Linda, CA
People Plus Solutions
McDonough, GA
SOLID Personnel
Pleasanton, CA
U.S. Department of Labor Considers Employer’s Good Faith Efforts When Enforcing Compliance During Pandemic
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Measuring Worker Temperatures Could Lead to Wage and Hour Claims
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California Resources Available to Employers Dealing With Coronavirus-Related Issues
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New Jersey Amends State Mini-WARN Act
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New Virginia Law Will Prohibit LGBT Discrimination and Expand Workplace Lawsuits
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States Promote Workshares as Layoff Alternative During Pandemic
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