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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.
Forecasters Anticipate Stronger Economic Rebound With Lower Unemployment
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Consumer Sentiment Unexpectedly Falls to a Six-Month Low
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Free ASA Webinar Tomorrow—Selling to Prospects Virtually
Don’t miss tomorrow’s ASA webinar “Selling Virtually—Getting Through Prospects’ Top Objections Right Now,” 3–4 p.m. Eastern time. Find out how to identify, overcome, and prevent prospective clients’ common objections to virtual sales presentations.
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.
Safely Back to Work? Get the Legal Answers Your Staffing Firm Needs
The upcoming ASA Staffing Law Conference will deliver the timely information and targeted legal expertise staffing firms need as more employees return to work and new postpandemic issues surface. This virtual event takes place April 29–30. Among the sessions:
Workplace Safety and Vaccine Programs in a Postpandemic World
While Covid-19 vaccines should mean staffing firms have less to worry about, in fact, 2021 brings new legal and operational issues to replace those 2020 headaches. Workplace safety requirements are evolving with new state safety and health mandates, and changes in the White House and government agency leadership will mean new enforcement approaches by OSHA. Workplace vaccine programs raise workers’ comp and employer liability issues as well as wage and hour and equal opportunity concerns. Add to that clients with varying approaches to all of the above, and staffing firms are left with “new normalitis.” Hear from experts who will help your staffing firm navigate changes, stay compliant, and keep your business healthy going forward.
Get the latest information and resources you need to protect your business and take advantage of growth opportunities this year and beyond. Reserve your spot today at staffinglawconference.net. Rates are as low as $195.
Network in Your Niche—Virtually
As your staffing firm faces new challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a sector-specific peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA section communities (participants will not receive official legal updates or guidance regarding Covid-19).
Get the full schedule and register at americanstaffing.net:
- Hospitality Staffing: Wednesday, Feb. 17, 3–4 p.m. Eastern time
- Office–administrative section: Tuesday, Feb. 23, 1–2 p.m. Eastern time
- Search and placement section: Wednesday, Feb. 24, 1–2 p.m. Eastern time
- Engineering, IT, and scientific section: Thursday, Feb. 25, 1–2 p.m. Eastern time
- Industrial section: Tuesday, March 16, 1–2 p.m. Eastern time
- Professional–managerial section: Wednesday, March 17, 1–2 p.m. Eastern time
- Health care section: Thursday, March 18, 1–2 p.m. Eastern time
Networking calls are open to members of ASA sections, which are sector-specific communities that provide resources, webinars, town hall forums, and sector-specific news for member companies and their employees. To join a section, update your profile on ASA Central.
U.S. Chamber Launches Vaccine Resource Center
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A Reminder for Employers About W-2 Phishing Scams
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Virtual Interviewing as a New Norm: Time to Revisit the Remote Process for Legal Compliance
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The Proliferation of State Noncompetition Agreement Laws and the Potential Federal Response
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Delaying Enforcement of Arbitration Agreements May Lead to Undesirable Consequences
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Nike ‘Just Does It’—Retail Employees Will Wear Transparent Masks
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Workplace Safety Replaces Talent Acquisition as the Top Priority for Business Leaders in 2021
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Covid-19 Vaccines Aren’t Yet Luring Workers Back to the Office
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