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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.
New York Fed: Manufacturing Activity Rose
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Consumer Sentiment Drops to 10-Year Low on Inflation Fears
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A Record 4.4 Million Americans Quit Their Jobs in September
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Free ASA Webinar Tomorrow—Better Balance Sheets
Don’t miss tomorrow’s ASA webinar “Using the 13-Week Cash Flow Model to Help Your Business Thrive,” 3–4 p.m. Eastern time. Find out how to reorganize your financial statements to see your finances more clearly, evaluate the health of your business, and make the right economic decisions.
All ASA webinars are free for ASA members—has your company renewed its membership for 2022? Don’t let your member benefits lapse. Renew today at americanstaffing.net/renew.
Most ASA webinars qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Get Insights From Industry Peers—Participate in the ASA Mentor Match Program
ASA provides a resource designed for staffing industry professionals interested in being part of valuable mentoring relationships—the ASA Mentor Match platform.
Mentor Match allows members to make valuable industry connections, define career goals, and gain insight from staffing peers. The program is about growing professionally and networking with fellow ASA members.
Applications for the six-month cycle that begins in January are due Dec. 3. Visit americanstaffing.net/mentormatch to get started as a mentor or mentee. Questions? Contact ASA at 703-253-2020 or volunteer@americantaffing.net.
Fifth Circuit Again Stays OSHA’s ETS…for Now
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NLRB General Counsel Issues Memo on Bargaining Obligations Under OSHA’s Vaccination Requirements
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Amid National Increase, U.S. DOL Urges Midwest Employers to Emphasize Electrical Safety After Four Workplace Deaths in Missouri, Kansas
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The 10th Circuit Thwarts Plaintiffs’ Attempt to Circumvent Arbitration Agreements, and Strengthens Alleged Joint Employers’ Ability to Compel Arbitration
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Apple to Pay $30 Million Over Store Workers’ Security Checks
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New York State Enacts Phone, Email, and Internet Monitoring Notice Law for Private Employers
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Survey: Salary Budgets Will Increase in 2022
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Why Remote Work Hasn’t Cut Down on Workplace Harassment
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