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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.
Fed Signals Three Rate Hikes in the Cards in 2022 as Inflation Fight Begins
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Strong Trend in Industrial Output Continues in November
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Jobless Claims Climb but Still Near Lowest Level Since 1960s
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Philly Fed: Manufacturing Activity Increases
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From Mandates to Masks, How Some Big Companies Are Adjusting to Omicron
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Free ASA Webinar Today—Make the Most of Your Membership
Don’t miss the ASA webinar “Maximize Your ASA Membership.” It takes place today from 3 to 3:30 p.m. Eastern time. Learn how to make the most of the professional development opportunities, legal and legislative resources, benchmarking data, marketing tools, and other benefits of your association membership.
This ASA webinar is open to all members who want to learn more about ASA membership benefits—has your company renewed its membership for 2022? Don’t let your member benefits lapse. Renew today at americanstaffing.net/renew.
There is no limit to the number of staff members who can participate—everyone will benefit. Learn more and register online at americanstaffing.net.
Get Weekly Updates on Staffing Employment Trends, With Dynamic Charts
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work, now including data on staffing starts (new assignments). The data will help your firm evaluate its performance against a national metric on both a weekly and long-term basis.
All staffing firms with U.S. operations are invited to participate in the ASA Staffing Index survey. Every Tuesday, participants receive an email with the results of the weekly survey, including figures by company size, and access to historical data and new dynamic charts. These data, which are not available anywhere else, allow staffing firms to compare how their business is doing on a weekly basis relative to similarly sized firms in the industry. There are no fees to participate in the five-question survey.
Don’t get stuck with outdated or unreliable data—sign up to participate in the ASA Staffing Index and receive the most up-to-date information about the staffing industry. For more information about the index, visit americanstaffing.net/staffing-index.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Attracting candidates through social media
- Remote verification of Form I-9
- Skills testing for administrative and clerical candidates
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
New York City Issues Guidance on Private Employer Covid-19 Vaccine Mandate
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ICE Announces Extension to Form I-9 Compliance Flexibility
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On Deck for ’22: Exempt Salary Level Increases and Prevailing Wage Changes
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Changes and Developments in California Employment Laws for 2022
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Demote an Employee After a Positive Performance Review? Fourth Circuit Says Not So Fast
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Hiring and Wage and Hour Law in Colorado
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Survey: Many Employees Leaving Their Companies Are Choosing to Work for Themselves
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