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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.
Kelly Reports Second Quarter Earnings
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Cross Country Healthcare Announces Q2 2020 Financial Results
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Jobless Claims Fall, Mark New Pandemic Low
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Business Activity Stabilizes but Demand Conditions Deteriorate
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Worried About Another Slump, Many Firms Hire Temporary Workers Instead of Permanent Staffers
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New Staffing Professionals Starting? Onboarding Courses Available on ASA Learn
Looking to enhance your new hire process and your team’s knowledge of the staffing industry? Need to train new hires or offer refresher courses to seasoned team members? ASA has developed a program of onboarding courses specifically designed for staffing, recruiting, and workforce solutions professionals.
You can purchase and assign courses to your team and track their progress using the ASA learning management system, ASA Learn. The online course modules include “Introduction to the Staffing Industry,” “Fundamentals of Sales,” and “Fundamentals of Recruiting.” Modules are available as a full set or a la carte. To learn more, visit learn.americanstaffing.net.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 20,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Applying for a Paycheck Protection Program loan
- Recruiting bilingual talent
- Updating a “work from home” policy
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Protecting Employees From Covid-19 Without Violating Their Privacy Rights
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State and Local Paid Family and Sick Leave Laws Continue to Sweep the Country
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First Circuit Holds Noncompete Agreement Unenforceable Against Fired and Rehired Employee
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Maryland Expands Face Coverings Requirement to Most Workplaces and Imposes Travel Restrictions
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Physician and Advanced Practitioner Anxiety Spikes Alongside Patient Mental Health Concerns Due to Covid-19
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