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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.
Job Openings Fall—but Labor Market Still Too Strong for the Fed
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Beige Book: Economic Activity Changes Little
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Manufacturing Activity Contracted in November
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Chicago Business Barometer Tumbles in November
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Free ASA Webinar Today—Wage and Hour Law Compliance
Don’t miss the ASA webinar “Avoiding Common Wage and Hour Compliance Traps in the Staffing Industry.” It takes place today from 2 to 3 p.m. Eastern time. Learn how to guard against common wage and hour liabilities and mitigate risk.
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.
Get Your Firm on the Fast Track to Growth—Read Staffing Success Magazine
A straightforward way to do more business is to take inventory of your current clients and strategically expand your relationships with them. In the latest issue of Staffing Success magazine, learn the four simple steps you can take to increase revenue by getting your current clients to increase their spending.
Access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
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:
- Business development and prospecting tactics
- Reviewing Affordable Care Act reports
- State laws and employer policies on employees’ use of THC
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.
Changes in Gun Laws Affect the Workplace
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Managing the Employment Relationship in New York
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Minnesota Set to Increase Minimum Wage Rates in 2023, Minneapolis and St. Paul Also Raising Minimum Wage Rates
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Atlanta’s Newly Amended Antidiscrimination Ordinance Could Affect Your Business as a Private Employer
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November Job Cuts Soar as Tech Drains Jobs; Highest Monthly Total Since January 2021
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Employee Turnover Continues to Increase
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Logistics Companies Are Diversifying Hiring, but Challenges Persist
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