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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.
Job.com Acquires Fortus Healthcare Resources and Endevis
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Conference Board Leading Economic Index for the U.S. Increased in July
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Apple Delays Office Return to at Least January on Covid Rise
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MetLife Raises U.S. Minimum Wage to $20 an Hour
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Hawaii to Receive More Than 500 Health Care Surge Staff Workers for Hospitals Statewide
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Free ASA Webinar This Month—Direct Hire Staffing
Why do recruiters sometimes face challenges closing deals? Learn the secrets to ensuring that your deals make it to closing during the ASA webinar “ASA Direct Hire Staffing Series, Part 2: Getting a Deal to the Finish Line,” the second session of the direct hire staffing webinar series, presented by the ASA search and placement section. It takes place Tuesday, Aug. 31, 3–4 p.m. Eastern time.
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.
ASA Staffing Index Offers Up-to-Date View of Staffing Employment
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work, now including data on staffing starts (new assignments). The data will help your firm evaluate its performance against a national metric on both a weekly and long-term basis.
All staffing firms with U.S. operations are invited to participate in the ASA Staffing Index survey. Every Tuesday, participants receive an email with the results of the weekly survey, including figures by company size, and access to historical data and new dynamic charts. These data, which are not available anywhere else, allow staffing firms to compare how their business is doing on a weekly basis relative to similarly sized firms in the industry. There are no fees to participate in the five-question survey.
Don’t get stuck with outdated or unreliable data—sign up to participate in the ASA Staffing Index and receive the most up-to-date information about the staffing industry. For more information about the index, visit americanstaffing.net/staffing-index.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Aug. 15.
Comserve Solutions LLC
Dickson City, PA
Division One Staffing Inc.
Forest, VA
HealthITq
White House, TN
The Nanny Network
Towson, MD
PRN Professionals
Huron, SD
Update: EEO-1 Reporting Deadline Extended Until Oct. 25
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2021 Mid-Year State Noncompete Legislative Update
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U.S. Department of Labor Announces $90M in Grants to Support Training, Employment Services for Workers Displaced by the Pandemic
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Verdict Requiring Employer to Accommodate Employee’s Request for Service Dog Expands Scope of ADA Within Certain Jurisdictions
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Randstad RiseSmart Career Mobility Outlook Report: U.S. Employers Are Embracing Internal Mobility
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Axios-Ipsos Poll: Most Americans Support Mask and Vaccination Mandates
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