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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.
Kforce Reports Second Quarter 2022 Revenue
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Korn Ferry Acquires Infinity Consulting Solutions
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Addison Group Finalizes Brand Integration of CVPartners
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PMI at Lowest for Two Years as Output and New Orders Fall in July
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Free ASA Webinar Today—Reimagining Recruiting
The current candidate-driven market demands that recruiters change their approach throughout the search process, or risk being ghosted. Don’t miss the ASA webinar “Reimagining Recruiting.” It takes place today from 2 to 3 p.m. Eastern time. Review best practices in managing the candidate relationship, which will help you reduce the chances of being ghosted. Sponsored by the ASA professional–managerial section.
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.
Network in Your Niche, Virtually—Sector-Specific Calls Begin Next Week
As your staffing firm faces evolving challenges and tries to answer unexpected questions, are you dealing with questions that are specific to your sector of the staffing industry? Get insight from industry peers during a sector-specific peer networking call where you can discuss top-of-mind challenges and devise solutions. Calls are facilitated by volunteers from ASA section communities (participants will not receive official legal updates or guidance regarding Covid-19).
Get the full schedule and register at americanstaffing.net:
- Office–administrative section: Tuesday, Aug. 9, 1–2 p.m. Eastern time
- Search and placement section: Wednesday, Aug. 10, 1–2 p.m. Eastern time
- Engineering, IT, and scientific section: Thursday, Aug. 11, 1–2 p.m. Eastern time
- Hospitality staffing: Friday, Aug. 15, 1–2 p.m. Eastern time
Networking calls are open to members of ASA sections, which are sector-specific communities that provide resources, webinars, town hall forums, and sector-specific news for member companies and their employees. To join a section, update your profile on ASA Central.
Pennsylvania Amends Overtime Rate Calculations for Salaried, Nonexempt Employees
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Three Key Considerations Under GINA—the Federal Law You May Have Overlooked
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Servicemember Leave of Absences: Know Your USERRA Obligations
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Maine’s Nondisclosure Agreements Law: New Limitations on Settlement, Separation, or Severance Agreements
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Construction Spending Falls in June Amid Growing Labor and Materials Shortages
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Recruiters Using Automation Fill More Job Vacancies
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Despite Abortion Decision, Majority of Job Seekers Say Their Companies’ Health Benefits Won’t Be Altered
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