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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.
Kansas City Fed: Manufacturing Activity Grew Slightly
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U.S. Consumer Spending Rebounds in May
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Small-Business Aid Program Has Significant Fraud Risk, GAO Says
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Trump Wants Federal Hiring to Focus on Skills Over Degrees
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Your Staffing Technology Solutions Are Here—Read Staffing Success Magazine
Now more than ever, it is critical for staffing professionals to have tech information at their fingertips. In the special technology-focused May–June issue of Staffing Success magazine, learn how the ASA Staffing Tech Center, an online hub especially for members, can help you elevate your awareness of the emerging technologies that are moving into the staffing space and choose the best tool for your company.
Access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
Track Staffing Employment in Nearly Real Time
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work.
Participate in the ASA Staffing Index survey to get up-to-date information on industry trends—including a weekly email summary report, statistics by company size, and access to historical data and dynamic charts.
Staffing firms with U.S. operations can participate in the weekly survey, and there are no fees to participate. Register today at americanstaffing.net/staffing-index.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending June 22.
Ace Employment Services
Boston, MA
All Tex Staffing & Personnel
Houston, TX
Arch Staffing and Consulting
Miami, FL
Bradley Personnel
High Point, NC
Continental Labor & Staffing Resources
Bakersfield, CA
MAV Personnel
Friendswood, TX
Pinnacle Personnel
Indianapolis, IN
U.S. Department of Labor Issues Five New Wage and Hour Opinion Letters
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Covid-19: EEO Reminders to Include in Return-to-Work Communications
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Top Five Employment Law Liabilities Facing Employers Postpandemic
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Time for Employers to Update COBRA Notices
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First Circuit Finds for Employers in an Accommodation Request Made After the Termination Decision
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Study Reveals the Most Requested Skill for New College Grads
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