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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.
Free ASA Webinar Today—Stress Management
Don’t miss the ASA webinar “Managing Stress in Times of Uncertainty—Part 2.” It takes place today from 3 to 4 p.m. Eastern time. Learn how to combat stress and help employees thrive in the workplace during the second session in a two-part Mental Health Awareness Month series. Presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group, which is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors TerraFirma and WorkN.
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.
Free ASA Webinar Tomorrow—Recruiting on Social Media
Don’t miss tomorrow’s ASA webinar “Social Media and Recruiting: How the Power of Community Makes the Difference,” 3–4 p.m. Eastern time. Employers are hiring and the labor market is starting to recover—find out how you can utilize social media to make sure that candidates will notice your firm’s open positions.
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.
One Week Left: ASA Scholarship Opportunity for Women Leaders
The ASA Women in Leadership Scholarship Program aims to raise the visibility of women in the staffing industry—two women leaders will earn scholarships that allow them to attend ASA events for free. This scholarship has been made possible by the generous support of Assurance, founding sponsor of the ASA Women in Leadership Interest Group.
Launched in 2020, the program recognizes rising stars who are committed to a career in staffing and have shown career growth potential. Find out more and submit your application at americanstaffing.net—the deadline to apply is June 1.
OSHA Changes Its Recording Requirements for Adverse Reactions to the Covid-19 Vaccine
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IRS Issues Guidance Regarding American Rescue Plan Act COBRA Subsidy
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Paying Employees in Bitcoin Has Reached the Mainstream
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Georgia Extends Limited Covid-19 Liability Protections
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Michigan Workplace Rules to Be Updated to Reflect Relaxed Mask Mandate
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Washington Passes Two New Laws to Prepare for the Next Pandemic
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Pandemic-Fueled Labor Shortages Intensify Talent Crisis in Manufacturing
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