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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.
Unemployment Claims Fall to New Pandemic Low of 406,000 as Layoffs Wane
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Orders for U.S. Business Equipment Rise Most in Eight Months
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First Quarter GDP Unchanged at Robust 6.4% Annual Rate
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7-Eleven and Independent Franchisees Plan to Add 40,000 Jobs for Summer Peak Season
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Free ASA Webinar Today—Recruiting on Social Media
Don’t miss the ASA webinar “Social Media and Recruiting: How the Power of Community Makes the Difference.” It takes place today from 3 to 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.
ASA Offers Vaccine Literacy Resources for Staffing Firms
As part of its continued effort to support staffing firms’ response to Covid-19, ASA has launched a new webpage: Vaccine Literacy Resources for Staffing Firms. The site provides valuable downloads and links employers can use to engage and educate workers about Covid-19 vaccines. ASA partnered with the Health Action Alliance to share these free resources, including a quick-start guide, sample communications, vaccine FAQs, a social media tool kit, and more.
Research shows that businesses and employers are a trusted source of information and are well-suited to advance vaccine literacy efforts. The new ASA site also links to National Safety Council resources, developed by NSC’s “SAFER: Safe Actions for Employee Returns” task force.
Visit the Vaccine Literacy Resources page today and check back regularly for updates—ASA will post new resources as they become available.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 20,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Justice Department Settles With Staffing Firm to Resolve Immigration-Related Discrimination Claims
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ICE Announces Extension, New Employee Guidance to Form I-9 Compliance Flexibility
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National Rural Business Summit on Covid-19 Vaccines, June 3
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Korn Ferry: Professionals Believe It’s More Critical Today to Earn a College Degree
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Job Openings in the Skilled Trades Up From Last Year
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