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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.
Manufacturing Operating Conditions Improve for the First Time Since February
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Chipotle, Fast Food Brands Set for New Wave of Hiring
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Get Free Staffing Employment and Sales Data—Participate in the ASA Quarterly Survey
Don’t miss your chance to get the staffing and recruiting data you need. The association’s quarterly Staffing Employment and Sales Survey for the second quarter of 2020 is now open. Participate in the survey and compare how your company is doing with similar-sized companies and firms within your industry sector.
After completing the survey, you will be able to access an exclusive online report archive, which includes benchmarks for the number of direct hire searches and permanent placements, sector-specific gross margin trends, payroll and productivity metrics by company size, and new projections. Participate by next Friday, Aug. 14, to get the staffing industry information you’re looking for.
Register to take the survey 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.
Judge Expands Coronavirus Paid Leave Rule
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H-1B Update: Administration to Increase Scrutiny, Investigations
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H-1B Visa: President Trump Orders Officials to ‘Protect U.S. Workers’ From Contract Work
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EEOC Resumes Issuance of Charge Closure Documents
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Ohio Statewide and City-Based Mandatory Mask Mandates: What Employers Need to Know
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Louisiana Enacts Reforms During the Covid-19 Pandemic: Limits on Liability, Damages, and Changes to Evidentiary Rules
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Construction Spending Decreases for Fourth Consecutive Month in June
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North American Employers Expect Most Furloughed Workers to Return by First Quarter of 2021
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Childcare and Health and Safety Are Top Two Reopening Issues, According to Employers
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