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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.
RCM Technologies Inc. Announces Second Quarter Results
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U.S. Producer Prices Beat Expectations in July
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CEO Optimism Ticks Up In August, As More Businesses Predict A 2021 Recovery
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Small Business Optimism Index Drops in July
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Free ASA Webinar Tomorrow—Understanding Technical Candidates
Don’t miss tomorrow’s ASA webinar “Think Like a Developer Tech Series, Part I: The Software Development Life Cycle,” 3–4 p.m. Eastern time. Recruiting for technical candidates is a challenge for many recruiters who don’t speak their language—but learning about the foundations of software development will help you communicate better with talent so you can hold credible—and even fun—technical interviews. This is the first webinar in a series meant to help technical recruiters relate to candidates.
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.
Pledge to Return to Work Safely
As part of a global endeavor to help employees return safely to work amid the pandemic, ASA launched the Safely Back to Work initiative. The initiative and americanstaffing.net/safelybacktowork website are based on the association’s work with the World Employment Confederation, Adecco Group, ManpowerGroup, and Randstad NV.
Take advantage of safety-focused resources, and take the Safely Back to Work Pledge to show your company’s commitment to the health and welfare of your corporate and temporary and contract employees.
Once you submit your pledge, your name and company name will appear in a real-time leaderboard on the page. Share your commitment on social media channels and encourage your colleagues to do the same.
Uber and Lyft Must Make Drivers Employees, Judge Says
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Employees Have Used Up Their FFCRA Child Care Leave, but School’s Not Reopening. Now What?
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Seventh Circuit Affirms Summary Judgment in Disability Suit Where No Evidence That Disability Was ‘but for’ Cause of Position Elimination
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Massachusetts High Court Trebles Unpaid Future Commissions Under the Wage Act
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Minneapolis Employers Required to Have Written Agreements With Freelancers, Pay Accordingly
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Construction Industry Adds 20,000 Employees In July But Nonresidential Employment Dips
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