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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.
Free ASA Webinar Tomorrow—Improving Opportunities for Employees With Disabilities
Compliance with the Americans With Disabilities Act may require staffing agencies to coordinate with clients and with individual employees in order to implement reasonable accommodations for employees who need them. Find out how to evaluate accommodation requests and increase access for workers with disabilities during the ASA webinar “Commemorating 30 Years of the ADA: The Importance of Reasonable Accommodation in Increasing Access and Opportunity.” It takes place tomorrow, July 23, 1–2 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.
Participate in the ASA Quarterly Survey, Receive Staffing Benchmarks and Projections
The association’s quarterly Staffing Employment and Sales Survey for the second quarter of 2020 is now open. Staffing companies that complete the brief survey—including search and placement firms—will have access to an exclusive, 20-page report on the results. The report, which participants can download from the ASA website, includes an executive summary and graphs, plus sales category and sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends, provide direct hire metrics, and share peer projections for sales and net income. Participate by Aug. 14 to get the staffing industry information you need.
Register to take the survey and view the questionnaire at americanstaffing.net/quarterly-survey. If you have questions or did not receive a survey link, email research@americanstaffing.net. There are no fees to participate.
NLRB Modifies Standard for Addressing Offensive Outbursts in the Course of Protected Activity
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DOL Provides Covid-19-Related Guidance on FLSA, FMLA, and FFCRA
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NLRB Retreats From Overly Restrictive Definition of ‘Solicitation’
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Have You Thought About the Importance of Documenting and Tracking Covid-19-Related Leave?
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Employee Must Be Actually Offended in Order to Sustain Harassment Claim
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Practical Questions for Employers Following the Bostock Decision: Dress Codes and Grooming Standards
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Alabama Governor Adds Statewide Face Covering Requirement to ‘Safer at Home’ Order
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Pennsylvania Governor Issues New Order Pulling Back Reopening Efforts to Mitigate Increased Spread of Coronavirus
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Uptick in ‘Financial Well-Being’ Programs Even Before the Covid-19 Pandemic Started
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Workers Turn Into Sleuths to Track Sicknesses Where Employers Keep Covid-19 Data Secret
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