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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.
Manufacturing Activity Increased in January
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Chicago Business Barometer Unexpectedly Indicates Faster Growth in January
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Dallas Fed: Manufacturing Activity Moderates
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Free Networking Event Next Week—Broaden Your Cross-Cultural Understanding
Diversity in race and perspectives can add value to the workplace, but it can be uncomfortable to open up discussions on sensitive topics. Get insights on how to build better cross-cultural understanding during the virtual networking event “Coffee With a Black Guy,” presented by the ASA inclusion, diversity, and equity advocacy (IDEA) group. It takes place Tuesday, Feb. 8, 3–4 p.m. Eastern time.
The Coffee With a Black Guy session was so popular at Staffing World® 2021 that CWABG founder James Joyce III has agreed to return for another discussion with staffing, recruiting, and workforce solutions industry leaders. The ASA IDEA group is sponsored by ASA corporate partner Monster and by Anthem, along with supporting sponsors TerraFirma and WorkN.
This networking event is free for ASA members and most qualifies for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
Network in Your Niche—Virtually
As your staffing firm faces new challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a sector-specific peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA section communities (participants will not receive official legal updates or guidance regarding Covid-19).
Get the full schedule and register at americanstaffing.net:
- Office–administrative section: Monday, Feb. 22, 1–2 p.m. Eastern time
- Search and placement section: Tuesday, Feb. 23, 1–2 p.m. Eastern time
- Engineering, IT, and scientific section: Thursday, Feb. 24, 1–2 p.m. Eastern time
- Industrial section: Tuesday, March 22, 1–2 p.m. Eastern time
- Professional–managerial section: Wednesday, March 23, 1–2 p.m. Eastern time
- Health care section: Thursday, March 24, 1–2 p.m. Eastern time
Networking calls are open to members of ASA sections, which are sector-specific communities that provide resources, webinars, town hall forums, and sector-specific news for member companies and their employees. To join a section, update your profile on ASA Central.
SBA Announces Updated Guidance Regarding Deadline for Targeted EIDL Advance Program Reevaluations
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DOL Workplace Posters: Same Requirements, Higher Consequences for Noncompliance
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California Supreme Court Clarifies Burdens of Proof Applicable to Whistleblower Claims
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Illinois Equal Pay Reporting Obligations Are Here for Many Illinois Employers
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Salary Projections for Class of 2022 Grads Mostly Showing Gains
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‘Great Resignation’ Discussion Raises Important Questions for Employers and Workers
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