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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.
NABE: Survey Panel Sees Strong Sales and Rising Investment, Increasing Labor and Material Costs
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U.S. Unveils Changes to Attract Foreign Science, Tech Students
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Biden Administration Raises Minimum Wage for U.S. Federal Employees to $15
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Federal Government’s Coronavirus Struggle: When and How to Bring Employees Back to the Office
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GM to Spend $6.5 Billion, Add 4,000 Jobs at Michigan EV Factories
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Get Free Staffing Employment and Sales Data—Participate in the ASA Quarterly Survey
Don’t miss your chance to get the staffing and recruiting data you need. Participate in the association’s quarterly Staffing Employment and Sales Survey for the fourth quarter of 2021, which is open now through Feb. 25.
Compare how your company is doing with similar-sized companies and firms within your industry sector. Participants that complete the survey will be able to access an exclusive online report archive, which includes benchmarks for the number of direct hire searches and permanent placements, sector-specific gross margin trends, and payroll and productivity metrics by company size.
Register to take the survey at americanstaffing.net/quarterly-survey. If you have questions or did not receive a survey link, email research@americanstaffing.net. There are no fees to participate.
Free ASA Webinar Next Week—Utilizing Telehealth Solutions to Address Employees’ Needs
The Covid-19 pandemic has affected workers’ physical and mental health needs, and the expectations of workers have irrevocably changed. Learn how staffing firms can meet those needs—and get an edge in recruiting and retaining top talent—during the ASA webinar “Can a New Wave of Telehealth Solutions Help With the Labor Shortage?” It takes place Monday, Jan. 31, 2–3 p.m. Eastern time.
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.
U.S. Judge Blocks Biden Federal Employee Covid Vaccine Mandate
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Registration for H-1B Cap-Subject Petitions Opens in March
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Beware of the Illinois Employee Who Insists on Independent Contractor Status
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Illinois Noncompetes: Is Two Years of Employment Required?
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In Hospital Strained by Omicron, Weary Nurses Treat Too Many Patients
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