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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.
Recruit Holdings Co. Ltd. Consolidated Financial Results for the Three Months Ended June 30
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Jobless Claims Down
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Prices Paid to Producers Increase More Than Forecast
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Google Employees Who Work From Home Could Lose Money
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Texas Seeks Staffing Firm Help for Covid-19
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Free ASA Webinar Today—The Value of Office–Administrative Staffing
Don’t miss the ASA webinar “Discovering Your New Value Proposition as an Office–Administrative Staffing Firm.” It takes place today from 3 to 4 p.m. Eastern time. In this session, presented by the ASA office–administrative section, find out how your office–administrative staffing firm can develop a new value proposition to stay competitive in today’s market.
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.
Get Harassment Prevention Training for Your Temporary Workers
ASA has partnered with Kantola Training Solutions to provide a full-service, cost-effective solution for the harassment prevention training needs of staffing companies.
It’s easy to administer and keeps records for you—it can even track the time an employee spends on training.
It’s designed to fulfill local and state requirements from New York to California, and more. The training was co-developed with Littler, the world’s largest labor and employment law firm.
New training requirements recently took effect in California, Connecticut, and Illinois; the training requirements in Delaware, Maine, and New York have been in effect for some time.
Visit americanstaffing.net/harassmentprevention for a preview and to request a quote.
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:
- Differentiating benefits for internal employees
- Increased demand for truck drivers
- Rethinking the traditional recruiting meeting
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.
Health Plan Premium Surcharges for Those Not Vaccinated for Covid-19?
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Harassment Prevention Tweaks as Employees Return to Work Sites
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Employers May Not Disparately Enforce Email Policies to Prohibit Union Activity
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What Employers Need to Know About the Nevada Hospitality and Travel Workers Right to Return Act
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Remote Work Is Here to Stay—but Only if You Meet the Requirements
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Some Remote IT Workers Will Quit Rather Than Return to the Office Full-Time
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