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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.
Democrats Pass $1 Trillion Infrastructure Bill
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Free ASA Webinar Tomorrow—Emergency Temporary Standard on Covid-19 Vaccine and Testing
Don’t miss tomorrow’s ASA webinar “Complying With OSHA’s New ETS and Covid-19 Vaccine Mandate,” 3–4:30 p.m. Eastern time. Legal experts from Seyfarth Shaw LLP will discuss the status of the Emergency Temporary Standard from the U.S. Occupational Safety and Health Administration regarding Covid-19 vaccination, as well as the details of an interim final rule from the U.S. Centers for Medicare and Medicaid Services requiring vaccination of many employees at hospitals and other health care facilities participating in Medicare and Medicaid programs. Sponsored by ASA corporate partner Essential StaffCARE.
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 Your Staffing Benchmarks and Projections
The association’s quarterly Staffing Employment and Sales Survey for the third quarter of 2021 is now open. Staffing companies that complete the brief survey by Nov. 26 receive an exclusive report on the results, which includes gross margin and sector-level data.
Register to take the survey, or view the questionnaire, at americanstaffing.net/quarterly-survey. If you have questions or did not receive a survey link, email research@americanstaffing.net. There are no fees to participate.
Federal Appeals Court Blocks OSHA’s Emergency Vaccine Rule: What Does This Mean for Employers?
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Fourth Circuit: Is the Accommodation Forever?
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New York Paid Family Leave Law Amended to Allow Leave to Care for Siblings
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New York Dramatically Expands Whistleblower Protection Law With Sweeping Amendments
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New York State Department of Labor Issues Guidance Concerning Employee Cannabis Use
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New Jersey Minimum Wage Increases to $13 on Jan. 1 for Most Employers
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Ohio: Employee Fired for Complaining His Company Violated the Prevailing Wage Law Has Claim for Wrongful Discharge in Violation of Public Policy
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Construction Firms Add Jobs in October
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Retailers Scramble to Attract Workers Ahead of the Holidays
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