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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.
Kelly Acquires RocketPower
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PRN Health Services Acquires Alliant Staffing
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Unemployment Claims Climb, but Still Near Pandemic Low
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Millions of Workers Quit in January as Job Openings Hover at Record High
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Online Labor Demand Rises in February
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Consumer Prices Increase in February From Year Earlier
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Proposals Due This Month—Share Your Knowledge at Staffing World 2022
Can you offer solutions for the challenges that staffing firms face today? ASA is looking for experts in the staffing, recruiting, and workforce solutions industry to share their experience and expertise at Staffing World®, the ASA annual convention and expo, which this year takes place Oct. 25–27 at the MGM Grand in Las Vegas.
Industry experts, and business professionals in other disciplines pertinent to the staffing industry, should submit proposals for Breakout Sessions (concurrent, interactive sessions between 45 and 75 minutes long), Knowledge Hub Technology Talks (10-minute talks on technology topics important to the industry), or other Knowledge Hub Talks (10-minute talks on general topics important to the industry).
ASA also is accepting proposals for ASA webinars. For more information and to start your submission, visit americanstaffing.net/presenters. The deadline for ASA webinar and Staffing World Breakout Session proposals is March 31, and the deadline for Staffing World Knowledge Hub talks is May 31.
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:
- Obtaining a federal security clearance for your company
- Talent retention strategies
- Upgrading the training program for new hires
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.
Best Practices for Proactively Managing Workplace Issues and Minimizing the Risk of Employment-Related Litigation
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What Should an Employer Do to Address a Discovered Symbol of Racial Hate in the Workplace?
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DEI Matters: How Employee Resource Groups Can Be Your Company’s Strategic Ally
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Sixth Circuit: ‘Title VII Requires a Prompt Corrective Response, Not a Perfect Response’
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A Quick Wage and Hour Tip on Salaried Nonexempt Status
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Increased Employee Workloads Top Reason Businesses Are Hiring
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Desperate for Workers, Companies Try Help Wanted Ads on TV
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