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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.
Estee Lauder to Lay Off Up to 2,000 Employees, Close 10-15% of Stores
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Free ASA Webinar Next Week—Automating Your Recruiting Processes
Staffing firms will probably be the first to bounce back when economic growth resumes, so it’s not too early to consider what you can do to get your firm ready to meet increasing demand. “Bots”—applications that perform automated tasks—can improve your firm’s efficiency and productivity.
Learn about recruitment bot technologies available to staffing firms during the third ASA Staffing Tech Insights webinar of 2020, “Using Bots to Drive Recruiting Efficiency.” It takes place Thursday, Aug. 27, 2:30–3:30 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.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Aug. 16.
Golden Rule HR Placements Inc.
Houston, TX
Sayva Solutions
San Diego, CA
Strategic Biz Solutions Unlimited Inc.
Hinesville, GA
Talent Corp.
Addison, TX
VCS
Wharton, TX
EEOC Issues Guidance Clarifying When Opioid Users Are Protected From Disability Discrimination Under the ADA
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When Can Employers Require Employees to Provide Covid-19 Test Results?
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Restrictive Covenants and Covid-19
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EEOC: St. Louis District Office Virtual Seminar
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Massachusetts Paid Family and Medical Leave 2020 Regulations—Focus on the Private Plan Exemption
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Illinois Employers Must Report Final Adverse Judgments, Administrative Rulings by Oct. 31
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