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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.
Global Economy Slows, but Seems to Be Faring Better Than Feared
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‘Substantial Majority’ of Fed Officials See Slowdown in Rate Hikes ‘Soon’
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Free ASA Webinar Tomorrow—Recruiting Recruiters
Don’t miss tomorrow’s ASA webinar “ASA Search and Placement Webinar Series, Part 1: Onboarding a Candidate-Focused Recruiter in the Direct Hire Space,” 2–3 p.m. Eastern time. In the first session in a two-part webinar series presented by the ASA search and placement section, learn how to find and retain the right talent for your team.
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.
Plan for These Free ASA Webinars Next Month
The next few weeks will be full of free education from ASA. These upcoming ASA webinars can help you retain employees, minimize your tax burden, and more.
Dec. 1—”Avoiding Common Wage and Hour Compliance Traps in the Staffing Industry”
Learn how to guard against common wage and hour liabilities and mitigate risk.
Dec. 6—”ASA Search and Placement Webinar Series, Part 2: Onboarding a Client-Focused Salesperson in the Direct Hire Space”
Get tips on hiring and onboarding salespeople for your direct hire or executive search firm who will focus on business development and client maintenance. Presented by the ASA search and placement section..
Dec. 8—”Critical Year-End 2022 Tax and Accounting Considerations for Staffing Companies”
Find out about 2022 tax planning opportunities to minimize costs, stay compliant, avoid common accounting errors, and more.
Dec. 13—”Politics in the Workplace—Keeping the Peace”
Learn how much political discussion employers should allow in the workplace, how to navigate sticky situations regarding employee political activity, and how to keep the workplace from becoming toxic. Sponsored by Fox Rothschild.
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.
Arizona’s Minimum Wage Will Increase in 2023
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H-1B Registration Survival Guide—Fiscal Year 2024
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Missouri Voters Approve Legalization of Recreational Marijuana—What Employers Need to Know
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2023 California Minimum Wage Update
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There’s a Job-Market Riddle at the Heart of the Coming Recession
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One in 20 Workers Will Quit if Salary Transparency Laws Reveal They Earn Less Than Co-Workers
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Employers Rethink Need for College Degrees in Tight Labor Market
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