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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.
Apple Will Now Require Employees to Submit Proof of Covid-19 Booster Shot or Negative Test
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State Farm Hiring Thousands of Full-Time and Part-Time Employees
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Free ASA Webinar Tomorrow—New Trends in Recruiting
Don’t miss tomorrow’s ASA webinar “The Year Ahead: The Rise of Employee Experience and Client Experience,” 2–3 p.m. Eastern time. Get insights from research on the perspectives of staffing firm clients, talent, and employees from Eric Gregg of ClearlyRated, an ASA corporate partner, along with Daniel Culbertson of Indeed.
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.
Sections Sound Off: Solving the Business Diversity Puzzle
How are ASA member companies working with their clients to expand workforce diversity? What tactics can staffing firms use to identify and place overlooked talent?
Find out how your peers answered these questions in the latest issue of Staffing Success magazine. Sections Sound Off highlights answers to intriguing questions from members in six different areas of the staffing industry: engineering, IT, and scientific; health care; industrial; office–administrative; and professional–managerial staffing; and search and placement.
To learn more about sector-specific resources, visit americanstaffing.net.
Noncompete Laws: 2021 Year in Review
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Increase in ‘Take-Home’ Covid-19 Litigation Creates Fear of ‘Neverending’ Liability for Employers
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11th Circuit: Retaliation May Occur Even if the Employee Is Unaware of It
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Recent South Carolina Supreme Court Decisions May Increase Legal Risks in Employee Terminations
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Employers Again Boosting 2022 Pay Raises
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Tech Salaries Rise Significantly
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As Employers Scramble to Fill Jobs, Workers Relish a Feeling of Power
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