ASA has published a new issue paper that discusses the recently issued government rules that, with limited exceptions, require employees working “on or in connection with” a federal contract to be vaccinated, wear masks, and maintain physical distance. The paper covers the key provisions and effective dates, and addresses several scenarios staffing agencies likely will face and when the rules are likely to apply. The authors are federal contract experts with the Washington, DC, law firm of Miller & Chevalier, which represents ASA on tax and other complex federal regulatory matters.
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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