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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.
Upwork Reports Fourth Quarter and Full Year 2021 Results
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Worker Absences From Covid-19 Hold Back Companies’ Growth
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Wells Fargo Asks Employees to Return to Office in Mid-March
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The Path to Self-Development Begins With ASA Certification
Are you ready to join the staffing industry elite by earning the ASA Certified Staffing Professional®, Technical Services CertifiedSM, Certified Search Consultant®, or Certified Health Care Staffing Professional® credential? ASA provides you with the resources you need to convince the right person at your company to invest in your ASA certification package:
- Letter for your boss—explains the value of earning an ASA credential
- Sample expense sheet—displays the potential cost of earning an ASA credential
- Certification guide—explores how to purchase and presents study tips
- ASA certification programs digital brochure—gives an overview of ASA certification programs
- FAQs—answers questions about ASA certification programs
Plus, find certification-focused videos, testimonials, language about the top benefits of earning an ASA credential, and much more—visit americanstaffing.net today and get closer to joining the staffing industry elite.
Help Clients Understand Their Obligations With the Joint Employment Tool Kit From ASA
Are your clients confused about the various laws and rules pertaining to joint employment in third-party staffing arrangements—especially in light of the U.S. Department of Labor’s recent rescission of the Trump-era joint employer legal test? To assist members in addressing client’s questions and concerns regarding joint employment, ASA has updated the ASA Joint Employment Tool Kit.
The tool kit offers a collection of resources to help staffing companies address client concerns about co-employment (the relationship between a staffing firm and its client in which each has legal rights and duties with respect to the same employees), including updated fact sheets, issue papers, and sample letters to clients that dispel myths regarding joint employment and explain how working with a staffing agency can actually protect clients from liability. It’s free to ASA members.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Feb. 6.
American Health Staffing Group
Edmond, OK
Aspen Careers LLC
Columbus, OH
Gear LLC
Alcoa, TN
Ninth Circuit: Arbitration Agreements Only Cover the Signing Parties
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California: Statewide Universal Masking Expires Soon, but Employers Need to Consider Local and Cal/OSHA Requirements
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New York to Lift Mask-or-Vax Mandate, but HERO Act Masking Remains in Place for Now
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Nevada, Casinos Rescind Mask Mandates Effective Immediately
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BLS Report: 2021 Pay, Scheduling, Vaccinations, and More at U.S. Businesses in Response to Pandemic
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Retailers Are Having Difficulty Hiring
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