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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.
Wholesale Prices Surge in January, Led by Energy Spike
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Free ASA Webinar Tomorrow—Avoiding Antitrust Violations
Don’t miss tomorrow’s ASA webinar “Antitrust Enforcement Developments—What Employers Need to Know,” 3–4 p.m. Eastern time. The U.S. Department of Justice recently bringing criminal charges against companies for antitrust violations, so staffing firms and other companies need to ensure they have effective compliance programs. Find out which antitrust laws affect staffing firms and how to improve compliance in employment practices. Sponsored by Essential StaffCARE.
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, Will 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.
United Precision Products Pays $60,000 to Settle EEOC Age Discrimination Suit
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OSHA Virus Emergency Rule Looms as Potent Weapon for Litigation
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Nonunion Employers Beware: The NLRB Pendulum Is Pushed Pro-Union
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Are Arbitration Agreements Fair and Consistent With Company Culture?
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Majority of Essential Workers and Their Families May Be at Higher Risk of Severe Covid-19
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Ban on New Foreign Workers Left Jobs Unfilled
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