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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.
Remote Work Forever? Not So Fast, Jobs Expert Says
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Free Two-Part ASA Webinar Continues Today—PPP Loan Forgiveness Rules
Don’t miss the ASA webinar “Understanding the PPP Loan Forgiveness Rules and the SBA Audit Process.” The second part of this two-part session takes place today from 2 to 3 p.m. Eastern time. Find out about applying for loan forgiveness under the Paycheck Protection Program, the mechanics of loan forgiveness, and other issues of general concern to staffing companies. This webinar is sponsored by Essential StaffCARE.
Members who are unable to attend one or both parts of the live presentation will be able to access the on-demand recording for free.
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.
Network in Your Niche Virtually This Month
As your staffing firm faces new challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a sector-specific peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA section communities (participants will not receive official legal updates or guidance regarding Covid-19).
Get the full schedule and register at americanstaffing.net:
- Industrial section: Tuesday, June 16, 1–2 p.m. Eastern time
- Professional–managerial section: Wednesday, June 17, 1–2 p.m. Eastern time
- Health care section: Thursday, June 18, 1–2 p.m. Eastern time
- Office–administrative section: Tuesday, June 23, 1–2 p.m. Eastern time
- Search and placement section: Wednesday, June 24, 1–2 p.m. Eastern time
- Engineering, IT, and scientific section: Thursday, June 25, 1–2 p.m. Eastern time
Networking calls are open to members of ASA sections, which are sector-specific communities that provide resources, webinars, town hall forums, and sector-specific news for member companies and their employees. To join a section, update your profile on ASA Central.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending June 7.
Beneficial Talent Source
Milford, OH
Dental Dynamic Staffing
Cleveland, OH
Gohanna Staffing Solutions
Newark, DE
imatters
Orlando, FL
Recruitment Specialists Inc.
Towson, MD
smartdept Inc.
Chicago, IL
Star Staffing
Petaluma, CA
EEOC Issues Updated Covid-19 Technical Assistance Publication
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IRS Provides Guidance on Employer Leave-Based Donation Programs That Aid Victims of the Pandemic
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IRS Reminder: File Now or Schedule Tax Payments Electronically Before the July 15 Deadline
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Donning, Doffing, and PPE: The Compensability of Preshift and Postshift Activities
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Video Job Interviews: Legal Issues With Remote Access for Applicants
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Ban the Box Legislation to Take Effect in the City of St. Louis in 2021
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Employers Must Brace for Increased Employee Substance Misuse Due to Pandemic’s Impact on Mental Health
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Accelerated Adoption of Independent and Remote Work Amid Covid-19
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More Companies Weigh Cutting 401(k) Match in Pandemic Pinch
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