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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.
Private Sector Employment Increased in May
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U.S. Jobless Claims Dip Below 400,000 for First Time in Pandemic
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U.S. Productivity Growth Unrevised at 5.4% Rate in Q1
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Amazon Backs Marijuana Legalization, Drops Weed Testing for Some Jobs
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Join the National Safety Council in Celebrating the 25th Anniversary of National Safety Month
June is National Safety Month, and the National Safety Council and ASA are focusing on the leading causes of preventable injury and working together to help eliminate them. The weekly topics for 2021 are incident prevention, ongoing Covid-19 safety concerns, psychological safety, and continuous safety improvement.
Protecting temporary worker safety and well-being is a top priority for ASA, and the association is proud to partner with NSC in promoting the 25th anniversary of National Safety Month—download these free materials to engage your workers in safe practices. The theme for this week is “Prevent Incidents Before They Start.”
See Your Industry Peers in Denver This Fall—Register for Staffing World
Staffing World® 2021, the ASA annual convention and expo, will take place Sept. 28–30 at the Gaylord Rockies Resort & Convention Center in Denver. Get ready to gather in person with the staffing community, and get strategies to help your business come back better than ever after a year of disruption.
Register online by June 11 for the lowest rate available. There are also group discounts as well as special alumni rates for those who attended virtually last year. Learn more and register today at staffingworld.net.
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:
- How a team leader can build a self-confident team
- Hiring internal talent
- Making the invisible visible: webinar on women in leadership
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.
Despite CDC Announcement, Employers Should Not Eliminate Masking and Social Distancing Requirements Immediately
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Judge Denies Attempt to Dismiss Lawsuit Against Staffing Firms
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Georgia Prohibits State-Implemented Covid-19 Vaccine Passport Programs, Restricts Disclosure of Vaccination Status
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Massachusetts Employers Must Provide Up to 40 Hours of Covid-19 Emergency Paid Sick Leave
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Oregon Amends Restrictive Covenant Statute to Further Limit Employers’ Use
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Construction Employment in April Lags Pre-Covid February 2020 Level in 107 Metro Areas
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Randstad: U.S. Workers Expect Continued Flexibility, Better Benefits Beyond Covid-19
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