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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.
Biden Picks California Official Isabel Guzman to Head SBA
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Free ASA Webinar Tomorrow—Connecting With Diverse Teams
Don’t miss tomorrow’s ASA webinar “Transform the Cultural Mindset and Skillset of Your Team,” 3–4 p.m. Eastern time, presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group. Learn how you can transform your cultural mindset and skillset so you can more successfully connect, create, and collaborate with people from all cultures.
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.
Meet the Faces of the Industry
As a member of a pro sports leadership team, Bennett worked exceedingly long hours. Working with an ASA member staffing firm gave him greater flexibility to spend time with family, and he landed a contract graphic designer role—eventually allowing him to bridge to a permanent role with the client and, later, be recognized as the 2020 National Staffing Employee of the Year.
More than three million temporary and contract employees report for work every week in America’s offices, factories, health care facilities, warehouses, and other job sites—wherever there’s important work to be done, temporary and contract employees are on the job. Meet some of these extraordinary staffing employees and share their stories when talking with clients.
Every temporary or contract employee has a unique story: work background, career goals, skills and talents, and hopes and dreams. Each took a different path to the staffing and recruiting industry, and each has reaped unique benefits. Browse through dozens of stories from ASA member agencies at americanstaffing.net/faces.
SBA and Treasury Announce PPP Re-Opening; Issue New Guidance
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ASA Urges Covid-19 Vaccination of Agency Health Care Workers, Citing CDC Guidelines
Contrary to guidance issued by the U.S. Centers for Disease Control and Prevention, some hospitals and health care facilities are offering Covid-19 vaccines to their own employees but not to health care personnel supplied by staffing agencies. ASA has published a statement for use in communicating with clients regarding their obligation to protect health care personnel supplied by staffing agencies.
U.S. Department of Labor’s OSHA Announces $3,930,381 in Coronavirus Violations
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2021 Brings New Minimum Wage Rates in the Mid-Atlantic and for Federal Contractors and Subcontractors
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Second Circuit Provides Guidance on Questioning of Employees During Work Stoppage
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Fourth Circuit: Employers and Employees Can Contractually Agree to Shorter Claims Periods
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Employee Termination Law in North Carolina
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Construction Sector Adds Jobs in December, but Gains Are Likely Temporary
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Logistics Hiring Extended Strong Growth in December
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Jobs in 2030: Health Care Booms
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