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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.
Economy Revs Up as Americans Increase Spending
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Federal Covid-19 Aid Aims to Help Cities, States Avoid Cutting Jobs and Services
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Ford to Let 30,000 Employees Remain at Home Postpandemic
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Covid-19: CPWR Publishes Ventilation Tips for Indoor Construction Sites
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Job Seekers Are Looking—Make Sure They’ll Work With You
The new Candidate Sentiment Study from ASA reveals a sense of optimism about employment and job-related opportunities as the nation continues to fight Covid-19. The data from the survey indicate that both active and passive job seekers expect to be working for a new company in the next 12 months. Get those candidates to work with your firm—use the findings detailed in the study report to make sure your firm has a successful 2021.
The report is available for purchase now, and ASA members receive a discount. Get more information at americanstaffing.net/candidate-sentiment-study.
Take Advantage of ASA Resources—Get Employees Back to Work Safely
As part of a global endeavor to help employees return safely to work amid the pandemic, ASA has launched the Safely Back to Work initiative to lead efforts in the U.S. The initiative and new website at americanstaffing.net/safelybacktowork is based on the association’s work with the World Employment Confederation, Adecco Group, ManpowerGroup, and Randstad NV.
The result is an online collection of safety-focused resources for employers and a high-profile pledge to the safety of all employees who are returning to job sites. ASA urges all of its members to download and use the free resources and take the pledge.
- Download the ASA Safely Back to Work Best Practice Protocols, which include 77 measures to help further employee safety in different industry sectors and work environments.
- Download the Covid-19 Safety Checklist, developed specifically for staffing company use by the law firm Seyfarth Shaw.
- Take the Safely Back to Work Pledge to show your company’s commitment to the health and welfare of your corporate and temporary and contract employees.
Once you submit your pledge to safety, your name and company name will appear in a real-time leaderboard on the page. Share your commitment on social media channels and encourage your colleagues to do the same. The Safely Back to Work site provides a variety of graphics for use on Twitter, Facebook, LinkedIn, and ASA Central. Use the hashtag #SafelyBackToWork and tag @StaffingTweets.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending March 14.
Franklin Professional Associates Inc.
Leominister, MA
Gilchrist & Associates LLC
Lawrenceville, GA
Isabella Casillas Guzman Confirmed as 27th SBA Administrator
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Department of Labor Expands Unemployment Insurance Eligibility to Include Workers Who Declined Work Due to Pandemic Safety Concerns
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EEO-1 Reporting Deadline Expected to Now Be July 2021
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New Jersey Supreme Court Explains Requirements Law Imposes on Employers With Pregnant or Breastfeeding Employees
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Survey: Majority of Companies Will Mandate Masks and Institute Hybrid and Remote Work Plans
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