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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.
Achieve Partners Invests in Ro Health
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Kansas City Fed: Manufacturing Activity Eased Slightly
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Inflation Gives U.S. Workers Ammunition in Year-End Pay Reviews
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MGM Raises Testing Costs for Unvaccinated Workers
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Macy’s Offers Corporate Workers a ‘Valuable Opportunity’: In-Store Shifts
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Find Pay Rate Benchmarks for Your Area
Find employment and wage estimates for nearly 800 occupations nationwide, by state and by metropolitan statistical area, with the newly updated ASA Temporary Help Wage Tool—now available as an easy-to-download Excel file.
Use the tool to develop a picture of the temporary help services industry and inform strategic decisions. To get more information and download the tool, visit americanstaffing.net/wage-tool.
Help Prevent Workplace Harassment; Comply With the Law
Provide training for temporary workers—and comply with the law—with cost-effective and state-specific training. ASA has partnered with Kantola Training Solutions to provide a full-service, cost-effective solution for the harassment prevention training needs of staffing companies.
It’s easy to administer and keeps records for you—track candidate and employee progress, download status reports, and more. The training was co-developed with Littler, the world’s largest labor and employment law firm.
Visit americanstaffing.net/harassmentprevention for a preview. ASA also offers a basic harassment prevention training product in collaboration with the New York Staffing Association, an ASA-affiliated chapter.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Nov. 14.
Absolute Healthcare Staffing
North Canton, OH
Magnum Staffing Services Inc.
Houston, TX
EEOC, DOL, and NLRB Announce Joint Initiative to Protect Workers From Retaliation for Exercising Their Rights in the Workplace
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New 2022 California Employment Laws: How Businesses Can Protect Themselves
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New Tennessee and Alabama Laws Restrict Employer Covid-19 Vaccination Mandates
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Managing the Employment Relationship in Mississippi
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Tech Job Postings Are Nearing Pre-Covid-19 Highs
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