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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.
Red-Hot Economy Expected to Cool
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Six Flags Offering Another Round of Employee Bonuses
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Free ASA Webinar Today—Learn How to Improve Diversity in Your Firm
Don’t miss the ASA webinar “Accommodating Mental Health Conditions During the Pandemic,” presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group. It takes place today from 3 to 4 p.m. Eastern time. Learn how you can assist employees with mental health conditions while complying with the Americans With Disabilities Act. The ASA IDEA group 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.
Have You Used Your Staffing Promo Tool Kit Lately?
All ASA members have access to a host of free resources designed to help them answer frequently asked questions. Get marketing resources that will help your clients and candidates understand the value of using a staffing company—including infographics, member logos, social media tactics, sector-specific FAQs for clients and talent, slide presentations, and much more—in the ASA Staffing Promo Tool Kit.
You can customize the FAQ documents with your company logo, incorporate them into client presentations, or provide them to candidates during the interview process. Get them in the ASA Staffing Promo Tool Kit at americanstaffing.net.
Employer Action Required on Tentative Nonconfirmations Within 10 Working Days
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Asking an Employee About Retirement
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Midwest OSHA Region Introduces Regional Emphasis Program for Noise Hazards and Programmed OSHA Inspections at Manufacturers
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Minnesota Legislature Amends Lactation Breaks and Pregnancy Accommodation Provisions
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With Virus Cases Rising, Mask Mandate Back on in Los Angeles
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Construction Employment Trails Prepandemic Level in 39 States
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