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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.
Jobless Claims Fall for Second Straight Week
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ISM: Services Activity Advances in January
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Small Businesses Continue to See Strong Job Gains and Worker Pay Increases in January
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Fourth-Quarter Labor Productivity Rises
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Free ASA Webinar Next Week—Rising Costs for Nurse Staffing
The extraordinary conditions caused by Covid-19 have created major inflationary pressures in labor markets, particularly for temporary nurses supplied by staffing agencies. This has led to some stories in the media accusing nurse staffing agencies of “price gouging,” especially in regard to travel nurses. Find out why the cost of nursing services has risen, how politicians have responded to stories accusing nurse staffing agencies of price gouging, and how ASA is responding during the ASA webinar “ASA Legislative Update: Higher Pay Rates Are Driving the Increased Cost of Nurse Staffing,” brought to you by the ASA health care section. It takes place Wednesday, Feb. 9, 3–3:45 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.
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:
- Changes coming to the Jobs on Facebook product
- Defining irregular and extended work shifts
- Tips for online job fairs
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.
OFCCP Contractor Portal Opens for Contractor Registration (but Not Certification)
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U.S. Department of Labor Now Accepting Applications for 2022 HIRE Vets Medallion Awards
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PAGA Developments of 2022
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Illinois Begins to Issue Compliance Deadlines for Equal Pay Reporting
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Majority of Metro Areas Added Construction Jobs in 2021
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