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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.
ISM: Service Activity Advances in March at a Faster Pace
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Conference Board Employment Trends Index Increased in March
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What Technology Does Your Firm Use? Share Your Experiences With ASA
The American Staffing Association and Talent Tech Labs want to know your impressions of the different technologies your staffing company uses.
The Staffing Technology Use Study should take less than 10 minutes to complete, and participants who complete the survey will be entered into a drawing to win an Amazon gift card or other prizes.
Visit research.net to take the survey. Questions? Contact the ASA research team.
Get Employees Back to Work Safely—Take Advantage of ASA Resources
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.
IRS Provides Guidance for Employers Claiming the Employee Retention Credit for First Two Quarters of 2021
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Covid-19: State Policy Report, March 27-30
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New York Legalizes Recreational Marijuana
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Philadelphia Enacts Covid-19 Paid Sick Leave
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Construction Spending Slips in February
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Construction Employment Rebounds in March Following February Drop, But Outlook Threatened
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