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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.
RecruitWell Merges With US Locums
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Swoon Acquires Grapevine
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Jobless Claims Jump to Highest Level Since Mid-November
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Beige Book: Economic Activity Expands; Labor Demand Strong
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Producer Prices Rise Moderately in December
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Meet the Association’s New Chairman—Read Staffing Success Magazine
W. Benjamin Elliott of Randstad North America—more commonly known as Ben—is the new chairman of the American Staffing Association’s board of directors. He says he chose staffing because it was a dynamic growth industry, and even though it has been a challenging time for the staffing industry and for American businesses, he knows there are growth opportunities ahead for the industry.
In the latest issue of Staffing Success magazine, learn more about Elliott and find out how he’s planning to help ASA members capitalize on those opportunities.
Access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
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:
- Cybersecurity insurance coverage
- Sharing employee information with clients
- Tracking performance metrics for recruiters
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.
Bullying and Harassment in the New Normal
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Marijuana in the Workplace
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Keeping Up With New York’s New Employment Laws in the New Year
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Illinois Employers: Top Developments for 2022
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Majority of Construction Firms Plan to Hire in 2022 Despite Supply Chain and Labor Challenges
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Small and Midsize Business Confidence Reflects Rising Concern About Omicron
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