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.
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Join the National Safety Council in Celebrating the 25th Anniversary of National Safety Month
June is National Safety Month, an initiative of the National Safety Council that focuses on reducing leading causes of injury and death at work, on the road, and at home. NSC highlights a different safety topic each week in June—the topic for this week is “It’s Vital to Feel Safe on the Job.” You can download free resources at nsc.org.
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.
Get Employees Back to Work Safely
As part of a global endeavor to help employees return safely to work amid the pandemic, ASA launched the Safely Back to Work initiative to lead efforts in the U.S. The initiative and americanstaffing.net/safelybacktowork website are based on the association’s work with the World Employment Confederation, Adecco Group, ManpowerGroup, and Randstad NV.
Take advantage of safety-focused resources for employers and pledge to ensure the safety of all employees who are returning to job sites.
- 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.
ASA urges all of its members to download and use the free resources and take the pledge.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending June 13.
Palm City, FL
Gale Healthcare Solutions LLC
Labminds Staffing & Recruiting
One Source Staffing Corp.
OneStaff Medical LLC