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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.
Equifax Acquires Efficient Hire
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The Judge Group Acquires Slayton Search Partners
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Staff Zone Acquires Assets of Allstar Temporary Services in Norfolk, VA
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Online Labor Demand Falls Slightly in January
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Recruit Holdings CEO Signs Women’s Empowerment Principles
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Free ASA Webinar Today—Rising Costs for Nurse Staffing
Don’t miss the ASA webinar “ASA Legislative Update: Higher Pay Rates Are Driving the Increased Cost of Nurse Staffing.” It takes place today from 3 to 3:45 p.m. Eastern time. 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 in this session brought to you by the ASA health care section.
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.
ASA Staffing Index Offers Up-to-Date View of Staffing Employment
Looking for real-time data on staffing employment? The ASA Staffing Index reports weekly changes in the number of people employed in temporary and contract work, now including data on staffing starts (new assignments). The data will help your firm evaluate its performance against a national metric on both a weekly and long-term basis.
All staffing firms with U.S. operations are invited to participate in the ASA Staffing Index survey. Every Tuesday, participants receive an email with the results of the weekly survey, including figures by company size, and access to historical data and new dynamic charts.
There are no fees to participate in the five-question survey. For more information about the index and to sign up, visit americanstaffing.net/staffing-index.
U.S. DOL Provides States With Updated Guidance to Waive Recovery of Certain Unemployment Insurance Benefits Overpayments
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More Clarity Regarding Employer Mandates for At-Home Covid-19 Testing
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The Risks Behind the Term ‘1099 Employee’
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First Circuit Creates Split Regarding Federal Court Jurisdiction Over FLSA Multistate Collective Actions
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California Has Its Own Flavor of WARN Requirements That Employers Should Be Aware Of
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