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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.
Chicago Business Barometer Rose in July
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Consumer Sentiment Falls in July as Inflation Expectations Hit 13-Year High
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More Job Ads Disclose Wages as Employers Grow Desperate
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Walmart to Require Masks for Some Retail Workers, Vaccinations for Corporate Staff
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Free ASA Webinar Today—The Covid-19 Emergency Temporary Standard
Don’t miss the ASA webinar “Complying With OSHA’s Covid-19 Health Care Emergency Temporary Standard.” It takes place today from 3 to 4 p.m. Eastern time. Get tips on complying with the U.S. Occupational Safety and Health Administration’s emergency temporary standard regarding Covid-19 focused on the health care industry, including the new medical removal paid leave provision.
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—Understanding Your Company Financials
Don’t miss tomorrow’s ASA webinar “Financial Acumen for Staffing Leaders Webinar Series, Part 1: Staffing Financials 101,” 3–4 p.m. Eastern time. Whether you’re new to the industry or want to expand your financial acumen, get a foundation for understanding company financials in the first session of this two-part webinar series.
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.
Navigating ADA Requests for Exemptions From Public Health Mandates
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How to Calculate the Correct Overtime Rate for Hourly Employees That Earn Bonuses, Commissions, Etc.
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New York Employers Must Adopt Airborne Infectious Disease Prevention Plans by Aug. 5
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Cannabis Is Legal in Illinois: Workplace Drug Policies and Remote Employees
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Rhode Island Enacts Comprehensive Pay Equity Law
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Majority of Workers Have Health Concerns About Returning to the Office
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Companies Pay New Workers Higher Wages, and Current Employees Ask, ‘What About Us?’
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