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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.
Cross Country Healthcare Announces Third Quarter 2020 Financial Results
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BG Staffing Inc. Announces Third Quarter 2020 Financial Results
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ISM: Service Activity Advances in October
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Jobless Claims Down Slightly
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Productivity Increases Solidly in Third Quarter
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Participate in the ASA Quarterly Survey to Get Exclusive Benchmarks
The association’s quarterly Staffing Employment and Sales Survey for the third quarter of 2020 closes soon. Staffing companies that complete the brief survey—including search and placement firms—will have access to an exclusive report on the results, enhanced with graphs.
The report, which participants can download from the ASA website, also includes an executive summary, plus sales category and sector-level data. Participate in the Staffing Employment and Sales Survey by next Friday, Nov. 13, to get the staffing industry information you’re looking for.
Register to take the survey, or view the questionnaire, 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.
Share Your Pandemic Success Stories
The staffing industry is playing a critical role in the delivery of essential services and products to the nation as it continues to navigate the Covid-19 pandemic. Is your company providing temporary and contract workers who perform essential work—to hospitals and other health care facilities; groceries, pharmacies, and other retailers; or other components of the consumer supply chain? If so, ASA wants to hear from you.
Share information about company initiatives to address skills gap challenges to place candidates in essential jobs. Talk about serving as a strategic partner to clients during this difficult time. Explain how your firm has used creative means to recruit candidates. Stories like this are especially useful, as are examples of the difference your firm is making in the communities where your employees work.
Your company could be spotlighted in a national ASA public relations campaign, association website and publications, and beyond. Visit americanstaffing.net for more information and to share your stories.
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:
- Calculating return on investment for recruiters and salespeople
- Recruiting candidates for light industrial and business services positions
- Shifting to a hybrid placement model
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.
With Remote Workers in Different States, What About Jurisdiction?
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Pandemic May Have Changed the World, but Not Employment Noncompete Law
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Bad News for New York Nonresident Telecommuters: New York Issues Covid-19 Telecommuting Guidance
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Managing the Employment Relationship in New York
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New Jersey, Arizona Approve Recreational Marijuana
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October Job Cuts Reach 80,666 as Employers Grapple With Uncertainty
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