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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.
Business Confidence Remains Strong in February, but Costs Expected to Rise Further
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New York Fed: Manufacturing Activity Increased
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Cedar Fair to Hire 45,000 Seasonal Employees
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Network With Women Leaders Tomorrow—Virtually
Don’t miss tomorrow’s networking call in celebration of International Women’s Day. The women in leadership networking call “Negotiating for Self,” presented by the women in leadership interest group, takes place tomorrow 3–4 p.m. Eastern time. Find out why women hesitate to negotiate and learn key strategies to help you better advocate for yourself. The women in leadership interest group is sponsored by ASA corporate partner Bullhorn, and by Anthem, Assurance, ClearEdge Marketing, Mee Derby, and WorkN.
There will also be an opportunity for attendees to spend time in breakout rooms—meet other women in the industry, chat about these strategies, and have open discussions on how to confidently advocate for yourself moving forward. To learn more and to register, visit americanstaffing.net.
Free ASA State of the Industry Webinar This Month
ASA and ClearlyRated, the association’s satisfaction survey partner, will present the first ASA State of the Industry webinar of 2021 on Wednesday, March 31, 3–4 p.m. Eastern time.
As the industry recovery continues from the Covid-19 recession, retention and engagement of your internal staff is more important now than ever to avoid a disruption to your firm’s growth. Hear about the current state of diversity, equity, and inclusion in the industry, along with the latest research on internal employees and key legislative updates.
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.
Got Standout Talent? Nominate Your Staffing Stars
Earn recognition for your firm’s best temporary or contract employees—and leverage that recognition to differentiate your firm in your most competitive markets. Nominate outstanding performers for the ASA National Staffing Employee of the Year and Sector All-Stars program. The deadline for all submissions is May 1, and there are no fees to enter.
The ASA National Staffing Employee of the Year and All-Stars honor current or former temporary or contract employees who best exemplify the promise of staffing employment. Award recipients will be recognized at Staffing World® and in ASA publications.
See videos featuring past honorees and nominate your standout talent at americanstaffing.net/nsey.
American Rescue Plan Act: COBRA, and Impact on Employers and Employees
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OSHA Launches Program to Protect High-Risk Workers From Coronavirus, Focuses on Employers That Retaliate
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More States Enact Covid-19 Immunity Laws for Businesses
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Biden Administration Wage and Hour Update
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USCIS May Reopen H-1B Petitions Denied Under Three Rescinded Policy Memos
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Covid-19: State Policy Report, March 9
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Restrictive Covenants Are Enforceable in Illinois
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One Year of Working From Home: Key Findings
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