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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.
U.S. Manufacturing Output Increased in April for a Second Month
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McDonald’s Will Raise Wages at Some Restaurants to Attract New Workers
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Amazon to Hire 75,000 Workers, Offers Bonus for Vaccination Proof
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Applebee’s Aims to Welcome 10,000 New Team Members
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Make Yourself Essential—Lower Prices on ASA Education and Certification Products
Show your employer how essential and valuable you are during a time that’s stressful for everyone. ASA makes it easier with drastically reduced prices on education and certification products, including the ASA Certified Staffing Professional®, Technical Services CertifiedSM, Certified Search Consultant®, or Certified Health Care Staffing Professional® credential.
Expand your industry knowledge and prove your worth to your company by earning a staffing certification. Learn more at americanstaffing.net, and get ready to join the staffing industry elite.
Sections Sound Off: Beating the Pandemic
How are staffing companies assisting with Covid-19 vaccine-related staffing needs? How can you help the industry get past the pandemic? Find out how your peers answered these questions in the latest issue of Staffing Success magazine. Sections Sound Off highlights answers to intriguing questions from members in six different areas of the staffing industry: engineering, IT, and scientific; health care; industrial; office–administrative; and professional–managerial staffing; and search and placement.
To learn more about sector-specific resources, visit americanstaffing.net.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending May 9.
Multifamily Elites
Bellevue, WA
nGAGE Specialist Recruitment Inc.
Dover, DE
OneSource Employment Solutions
Aptos, CA
Fully Vaccinated People Can Shed Their Masks in Most Places—U.S. CDC
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U.S. DOL Delays Rule Affecting Prevailing Wage for Certain Immigrants, Nonimmigrants
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‘Energy,’ ‘Stamina,’ and ‘Dynamic’ Is Not Necessarily Code for Age Discrimination
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Cal OSHA Updates Guidance Regarding Vaccinated Individuals
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Survey: New Physicians Getting Fewer Recruiting Offers
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HR Professionals Say Workers With Criminal Records Provide Value
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