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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.
BGSF Inc. Announces Agreement to Sell Light Industrial Business to Jobandtalent
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Manufacturing Activity Increased in February
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Dallas Fed: Growth in Texas Manufacturing Activity Continues, Outlooks Improve
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Chicago Business Barometer Slid in February
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Find Pay Rate Benchmarks for Your Area
Find employment and wage estimates for nearly 800 occupations nationwide, by state and by metropolitan statistical area, with the newly updated ASA Temporary Help Wage Tool—now available as an easy-to-download Excel file.
Use the tool to develop a picture of the temporary help services industry and inform strategic decisions. To get more information and download the tool, visit americanstaffing.net/wage-tool.
Free Online Course Based on Groundbreaking Industry Research
Even during this pandemic, one of the top issues of concern to staffing and recruiting professionals is growing their talent pipeline and overcoming the ongoing talent shortage. Communicating to job seekers in a way that resonates with them and captures their interest has never been more critical.
ASA conducted extensive research to understand the mindset of today’s job seeker and has created an online course in conjunction with the New Language of Staffing research and resulting strategies. The course—exclusively for staffing professionals with ASA member firms—features video modules, online quizzes, and more. ASA-certified professionals who complete the course can earn continuing education hours toward ASA certification renewal.
Visit americanstaffing.net/new-language to learn more.
USCIS Reaches Fiscal Year 2022 H-1B Cap
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What CDC’s Latest Mask Guidance Means for Employers
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California: At-Will Employees May Sue Their Employer for Misrepresentation of Intended Job Duties
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New Jersey Employers Will Be Required to Provide Notice Before Making Use of Tracking Devices in Vehicles Used by Employees
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Young Workers Rake in Biggest Wage Gains in Tight Labor Market
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A Little-Noticed Reason Workers Quit: Too Little Work
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