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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.
Walmart Adding More Than 4,000 Jobs
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Citigroup Plans to Hire 4,000 Tech Staff to Tap Into ‘Digital Explosion’
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Free ASA Webinar Today—Utilizing Microlearning for Sales Professionals
Don’t miss the ASA webinar “The Benefits of Microlearning for Staffing Sales Professionals.” It takes place today from 2 to 3 p.m. Eastern time. Find out how microlearning and spaced repetition can build a habit of learning to help employees retain the information covered in their learning programs.
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.
Maximize Your Staffing World Experience—Add a Preconvention Program
Are you ready for the industry’s biggest event, Oct. 25–27 at the MGM Grand in Las Vegas? The ASA annual convention and expo will give you the chance to hear from dynamic business leaders and subject matter experts on topics like the future of work, inclusivity, the post-Covid-19 workplace, legal issues, talent acquisition, and more.
Among the new learning opportunities this year are preconvention programs that will take place before the convention begins:
- THRIVE Live (presented by the ASA women in leadership interest group)
- The Owner Mindset for Emerging Leaders
- Owners Peer Group Masterclass (by invitation only)
These preconvention programs take place Monday, Oct. 24, and Tuesday, Oct. 25; separate registration is required. Visit staffingworld.net to learn more, then register at staffingworld.net by June 24 for the best rate available—after that date, Staffing World registration rates will increase.
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 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.
The Scope of an EEOC Charge Defines the Scope of a Lawsuit
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Seventh Circuit Reminds Employers Words and Actions Both Count in FMLA Cases
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Many States Impose Requirements for Surveillance at Work
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Connecticut Employers Must Comply With FMLA, Paid Leave Act Notice Requirements by July 1
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Vermont Employment Law Legislative Update
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Cook County to Raise Minimum Wage in July
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RSM US Middle Market Business Index Improves Despite Ongoing Pricing Pressures
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Logistics Hiring Slowed in May Amid Shifts in Retail Sector
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For Employees, Shared Values Matter More Than Policy Positions
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