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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.
HireQuest Reports Financial Results for Third Quarter 2022
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The Liberty Group Acquires Apartment Advantage
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BLS: Staffing Employment Increased in October
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NFIB Jobs Report: Labor Troubles Continue on Main Street
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Service Sector Output Decline Gathers Pace Amid Renewed Drop in New Business
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Free ASA Webinar This Month—Recruiter Onboarding
Although learning technology has been steadily advancing, staffing and recruiting firms continue to rely on outdated recruiter onboarding methods that rarely produce the desired results. Find out how to update recruiter onboarding methods with results-oriented strategies during the ASA webinar “Recruiter Onboarding for Today’s Staffing and Recruiting Firm,” presented by the ASA engineering, IT, and scientific section. It takes place Tuesday, Nov. 22, 2–3 p.m. Eastern time.
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.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Oct. 30.
Flag Solutions
San Bernadino, CA
Med Fillers
Independence, OH
Nursing Vault Plus Staffing LLC
Philadelphia, PA
Third Republic Inc.
New York, NY
Work Ethic Staffing Solutions
Lewes, DE
Court Orders New Jersey Staffing Firm to Pay $65K in Damages to Employee After U.S. Department of Labor Investigates Illegal Termination, Retaliation
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Employee Misclassification Can Prove to Be a Risky and Expensive Game of Roulette When an Injury Occurs
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National Labor Relations Board Stepping Up Penalties for Unfair Labor Practices
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New York’s ASA Effective Date Is Fast Approaching: Employers Should Get Their Insurance House in Order Now
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Managing the Employment Relationship in Colorado
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October Job Cut Numbers Highest Since February 2021
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Business Leaders Prepare for Recession With an Eye Toward Growth
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Nurse Turnover Doubles Since the Pandemic
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