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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.
CEO Optimism Plateaus in March Amid Rising Inflation Worries
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Free ASA Webinar Tomorrow—Maximize Your ASA Membership
Don’t miss tomorrow’s ASA webinar “Maximize Your ASA Membership,” 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.
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:
- 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
- Hospitality staffing: Wednesday, April 7, 3–4 p.m. Eastern time
- Office–administrative section: Tuesday, April 20, 1–2 p.m. Eastern time
- Direct hire section: Wednesday, April 21, 1–2 p.m. Eastern time
- Engineering, IT, and scientific section: Thursday, April 22, 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.
ASA Staffing Index Offers Up-to-Date View of Staffing Employment
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work, now including Staffing Starts (new assignments). The data will help your firm evaluate its performance against a national metric on both a weekly and long-term basis.
All staffing firms with U.S. operations are invited to participate in the ASA Staffing Index survey. Every Tuesday, participants receive an email with the results of the weekly survey, including figures by company size, and access to historical data and new dynamic charts. These data, which are not available anywhere else, allow staffing firms to compare how their business is doing on a weekly basis relative to similarly sized firms in the industry. There are no fees to participate in the five-question survey.
Don’t get stuck with outdated or unreliable data—sign up to participate in the ASA Staffing Index and receive the most up-to-date information about the staffing industry. For more information about the index, visit americanstaffing.net/staffing-index.
NLRB: Three Big Issues All Companies Need to Monitor
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NLRB Finds Distribution of Employee Handbook to Unionized Employees Lawful, But Troubling Signs for Employers in Dissent
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Fifth Circuit: An Employee May Be Held Accountable for Poor Performance, Even if Caused by Disability
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Covid-19: State Policy Report, March 4
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Cal OSHA Offers Additional Guidance for Its Covid-19 Emergency Temporary Standards: Testing Sites and Scope of Coverage
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What Does Governor’s ‘Reopening Texas’ Executive Order Mean for Texas Employers?
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Virginia Enacts the Consumer Data Protection Act
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Missouri Employer Had Just Cause to Terminate Union Employee Who Tested Positive for Marijuana, Despite Lack of Workplace Impairment
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Hiring Outlooks Continue to Improve for Q2 as Employers Prepare for a New Future of Work
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In One Year, Coronavirus Pandemic Has Wreaked Havoc on Working Women
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