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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.
ADP: Private Sector Employment Increased in January
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ISM: Service Activity Advances in January
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Free ASA Webinar Next Week—Connecting With Diverse Teams
Do you know how to reach prospective clients from different cultures and communities? Find out how to leverage cultural relationships into long-term, highly profitable partnerships during the ASA webinar “Attract and Retain Diverse Clients Through Cultural Relevance and Community Impact.” The second of two webinars on cultural mastery takes place Tuesday, Feb. 9, 3–4 p.m. Eastern time. Presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group, sponsored by ASA corporate partner Monster and by Anthem.
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.
Get Harassment Prevention Training for Temporary Workers
ASA has partnered with Kantola Training Solutions to provide a full-service, cost-effective solution for the harassment prevention training needs of staffing companies.
New training requirements recently took effect in California, Connecticut, and Illinois; the training requirements in Delaware, Maine, and New York have been in effect for some time.
The program is easy to administer and keeps records for you—it can even track the time an employee spends on training. The training was co-developed with Littler, the world’s largest labor and employment law firm.
Visit americanstaffing.net/harassmentprevention for a preview and to request a quote.
OSHA Revises ‘Protecting Workers Guidance’ on Mitigating and Preventing the Spread of Covid-19
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A Quick Overview of President Biden’s Employment-Related Executive Orders to Date
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Second Circuit Rules on Disparate Impact Claim, Finding in Favor of Employer
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Seventh Circuit Continues to Find That Lengthy Leaves of Absence May Not Be Reasonable Accommodations Under the ADA
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Covid-19: State Policy Report, Jan. 30-Feb. 1
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A New Year Means New Changes to New York and New Jersey Wage and Hour Laws
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January Marks First Time Work Shifts Have Declined in Consecutive Months During Pandemic
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