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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 Again for Third Straight Week
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CEO Confidence Falls Again in Q1, as Short-Term Expectations Soften
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Prices Climbed 7.5% in January, the Fastest Inflation Since 1982
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Free ASA Webinar Next Week—Using Restrictive Covenants
How can staffing firms use restrictive covenant agreements—such as noncompetes and nonsolicitation agreements—to protect their business interests? Learn the key considerations surrounding such agreements during the ASA webinar “Drafting and Implementing Employee Restrictive Covenant Agreements: Best Practices in the Current Climate.” It takes place Wednesday, Feb. 16, 2–3 p.m. Eastern time. Sponsored by Tannenbaum Helpern Syracuse & Hirschtritt LLP.
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:
- Evaluating work-from-home requests
- Providing transportation for workers
- Structuring commission plans
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.
California Governor Signs 2022 Supplemental Paid Sick Leave Bill
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U.S. DOL Initiative to Safeguard Rights, Ensure Protections for Warehouse, Logistics Workers
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Recent Antitrust Developments Underscore Administration’s Focus on Labor Markets
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Guardrails for Using Social Media During the Hiring Process
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Employee Social Media Complaints: Employers Beware
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Colorado’s Public Health Emergency Paid Sick Leave Requirement Continues Into 2022
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New Research on State of Hiring: Recruiting Costs, Appeal of Remote Work, Mobile Apply Rates Continue to Soar
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Express Survey: Supply Chain Issues Hindering Growth and Forcing Lower Hiring Standards
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