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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.
Economic Activity Gained Momentum in January
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Durable Goods Data Stronger-Than-Expected in January
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Kansas City Fed: Manufacturing Activity Grew Strongly
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Google Eases Pandemic Rules for Employees in the U.S.
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Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Feb. 20.
AlliedUp Cooperative Inc.
Ontario, CA
Lowe Labor LLC DBA Priority Placements Group
Johnson City, TN
Mercy and Grace Staffing Solutions
Alameda, CA
Quality Staffing Services Inc.
Chino, CA
Get Employees Back to Work Safely
As part of a global endeavor to help employees return safely to work amid the pandemic, ASA launched the Safely Back to Work initiative to lead efforts in the U.S. The initiative and the website at americanstaffing.net/safelybacktowork website are based on the association’s work with the World Employment Confederation, Adecco Group, ManpowerGroup, and Randstad NV.
The result is an online collection of safety-focused resources for employers and a high-profile pledge to the safety of all employees who are returning to job sites.
- Download the ASA Safely Back to Work Best Practice Protocols, which include 77 measures to help further employee safety in different industry sectors and work environments.
- Download the Covid-19 Safety Checklist, developed specifically for staffing company use by the law firm Seyfarth Shaw.
- Take the Safely Back to Work Pledge to show your company’s commitment to the health and welfare of your corporate and temporary and contract employees.
ASA urges all of its members to download and use the free resources and take the pledge.
Get the Staffing-Specific Legal Content You Need at the Staffing Law Conference
The ASA Staffing Law Conference is the only event dedicated exclusively to the legal and regulatory issues facing staffing, recruiting, and workforce solutions companies. This year’s event takes place May 5–6 at the Grand Hyatt Washington in Washington, DC.
New and veteran staffing professionals alike will benefit from two packed days of learning and networking and the industry’s most reliable legal content for your firm, including sessions on the Great Resignation, remote work, and immigration enforcement. Take a look at the session descriptions, then visit staffinglawconference.net to reserve your spot and receive the lowest rate available.
Are You Ready for the H-1B Cap Lottery for FY 2023?
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Questioning the New Federal Act Invalidating Mandatory Arbitration, Class Action Waivers of Sexual Harassment and Assault Disputes
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Washington Relaxes Covid-19 Restrictions
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New Jersey Appellate Court Affirms: FAA Preempts NJLAD Prohibition on Arbitration Agreements
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Fully Remote Workers Least Likely to Be Job Hunting; Most Do Not Feel Strongly Connected to Their Employer
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Survey: Most HR Execs Concerned About Turnover
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Physicians May Not Be as Opposed to Rural Practice as Once Believed
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Nearly Two Million Fewer Women in Labor Force
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