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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.
Economy Contracted at 1.5% Annual Clip in First Quarter, Revised GDP Shows
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Apple to Increase Pay as Inflation Bites
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Free ASA Webinar Today—Leading Women to the C-Suite
Don’t miss the ASA webinar “How to Build an Engaging Women’s Employee Resource Group.” It takes place today from 2 to 3 p.m. Eastern time. Find out how creating an employee resource group can help your firm empower women and support them in their career growth.
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.
Solve Your Talent Pipeline Problem
Eight in 10 job candidates (80%), both active and passive seekers, foresee working for a new company in the next 12 months—despite, or possibly due to, the economic uncertainty caused by the coronavirus pandemic in the U.S.—according to the ASA Candidate Sentiment Study. Make sure your firm is positioned for maximum success and growth as a return to work escalates and talent seek staffing services.
ASA members can purchase this important study at a discount and use the data immediately to shape strategies for growth. Learn more at americanstaffing.net/candidate-sentiment-study.
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:
- Competing for talent
- Offboarding checklist
- Legislation requiring licensure and regulation for nurse staffing
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.
Monkeypox—Do Employers Need to Worry?
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U.S. Department of Labor Publishes Updated Family and Medical Leave Act Guidance on Mental Health, Job-Protected Leave for Workers, Employers
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What Employers Should Consider When Using Video Interviewing and Similar Automated Hiring Tools
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Fourth Circuit Affirms Ruling in Favor of Employer in USERRA Case
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Private Employer May Terminate Employee for Racially Insensitive Social Media Post
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Remote Work Is Important to Employees
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Majority of Current Job Seekers Say They Lack Skills Needed to Access Good Jobs
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Nearly Half of U.S. Employees Forced to Self-Train Due to Lack of Knowledge Transfer From Retiring Employees
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