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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.
Producer Prices Increase in October
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Small Business Optimism Decreases
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Fed Says U.S. Public Health Among Biggest Near-Term Risks to Financial System
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Free ASA Webinar Today—Emergency Temporary Standard on Covid-19 Vaccine and Testing
Don’t miss the ASA webinar “Complying With OSHA’s New ETS and Covid-19 Vaccine Mandate.” It takes place today from 3 to 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.
How Do Candidates Feel About Their Job Prospects?
Eight in 10 job candidates (80%), both active and passive seekers, foresee working for a new company in the next 12 months—despite, or possibly due to, the economic uncertainty caused by the coronavirus pandemic in the U.S.—according to the 2020 Candidate Sentiment Study by ASA and its corporate research partner, ClearlyRated. The data from the survey, among other results, reveal a sense of optimism about employment and job-related opportunities as the nation continues to fight Covid-19.
The Candidate Sentiment Study also sheds light on candidates’ perceptions regarding how they look for jobs (online vs. offline resources), the reasons why they decide to leave a job, and their experiences partnering with staffing agencies―with distinct differences reported among generations, industry sectors, races/ethnicities, and genders. A report of the survey findings is available for purchase—get more information at americanstaffing.net/candidate-sentiment-study.
U.S. Department of Labor Announces Proposal to Return to Longstanding Policy, Practice on Religious Exemption
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Employees in New York May Now Petition for Shared Work Program as an Alternative to Layoffs
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Managing the Employment Relationship in Massachusetts
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CEO Optimism at Lowest Level Since Fall of 2019
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