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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.
BLS: Staffing Employment Rose in August
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Strongest Expansion in Business Activity Since March 2019
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Small Business Labor Market Makes Improvement in August
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FedEx Plans to Hire 70,000 People for ‘Unprecedented’ Holiday Shipping Season
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Staffing Today Returns Sept. 8
In observance of Labor Day, ASA will be closed Monday, Sept. 7. Staffing Today will return Tuesday, Sept. 8.
Track Staffing Employment in Nearly Real Time
Temporary and contract staffing employment held steady last month, reflecting consistent week-to-week growth over the past three months, according to the ASA Staffing Index.
Want to know more? Complete the ASA Staffing Index survey to get updated information on industry trends, including new staffing starts data. Staffing firms with U.S. operations can participate in the weekly survey, and there are no fees to participate.
Participants receive a weekly email summary report—in addition to statistics by company size and access to historical data and dynamic charts.
Register today at americanstaffing.net/staffing-index.
Working Remotely? Stay in Touch With the Staffing Community
Covid-19 has everyone adapting to the new realities of working from home. That doesn’t mean you have to be cut off from the staffing community and the resources that can help you do your important work.
Visit americanstaffing.net and provide ASA with your home address. It will be used to keep you updated on industry news, resources, and events—ASA will not share it with any third parties.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Aug. 30.
Commercial Employees Inc.
McMurray, PA
Jack of All Trades Personnel
Waco, TX
Peak Employment Solutions
Augusta, GA
Rieles Group LLC
Atlanta, GA
Stability Healthcare
Los Angeles, CA
NLRB Releases More Employer-Friendly Covid-19 Advice
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U.S. Department of Labor Educates Southeast Employers as Region Faces Hurricane Season
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U.S. Department of Labor Compliance Assistance Summit
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Update: Can You Prohibit Employees From Using Cell Phones at Work?
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Some 35% of U.S. Companies Do Not Know When They’ll Reopen Workplace
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Salary Increase Budgets Remain Flat
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