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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.
Manufacturing Activity Advanced in February
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Signet Jewelers Lifts Minimum Wage to $15 an Hour
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Best Buy Steps Up Digital Overhaul as Slowdown Looms
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Free ASA Webinar Next Week—Maximize Your ASA Membership
Learn how to make the most of your association membership during the ASA webinar “Maximize Your ASA Membership,” Wednesday, March 10, 3–3:30 p.m. Eastern time. Presenters will discuss professional development opportunities, legal and legislative resources, benchmarking data, marketing tools, and much more.
This ASA webinar is open to all members who want to learn more about ASA membership benefits. There is no limit to the number of staff members who can participate—everyone will benefit.
All ASA webinars are free for ASA members. Register online at americanstaffing.net.
What Does a New Presidential Administration Mean for Your Business? Find Out at the ASA Staffing Law Conference
The 2021 ASA Staffing Law Conference takes place virtually April 29–30. It’s the only event dedicated to the legal and regulatory issues facing staffing companies, and it will feature the session “Immigration Reform and Enforcement: What Staffing Firms Can Expect in the Next Four Years.”
The enforcement of immigration laws over the past four years has escalated and staffing firms have been in the bullseye of enforcement agency activities. Find out how recent changes in Washington, DC, will affect immigration reform and enforcement for employers. Hear from leading experts about what will likely change for your business operations and what can’t change over the next four years. Get the latest information on the status of virtual I-9s—and whether there is any hope that they’re here to stay—and how to navigate the latest immigration rules to avoid fines and protect your company.
ASA-certified professionals can earn continuing education hours at this year’s conference, and rates are as low as $195. Visit staffinglawconference.net to learn more.
DOL Provides Guidance Regarding Electronic Posting of Mandatory Notices
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EEOC Releases Fiscal Year 2020 Enforcement and Litigation Data
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Avoiding a Media Ambush: Responding to OSHA and Media Press Releases
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California Supreme Court: Employee Time Punches Are Presumptive Evidence of Meal Period Compliance
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Covid-19: State Policy Report, Feb. 24
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State of Ohio Significantly Overhauls Employment Discrimination Laws and Administrative Procedures
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NABE Panelists Are More Optimistic About GDP Growth in 2021
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Employee Incentives Don’t Align With Their Preferences
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