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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.
Leased Robots Roll in to Help Logistics Firms Handle Holiday Crush
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Producer Prices Top Estimates, Supporting Fed Hikes Into 2023
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No Labor Cavalry Coming to Fed’s Rescue, as Data Moves the Other Way
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Don’t Miss These Free Networking Events This Month
ASA events deliver the industry’s best learning and networking experiences. The next couple of weeks will be full of free opportunities for staffing firms within various sectors and locales:
- Office–Administrative Section networking call: Tuesday, Dec. 13, 1–2 p.m. Eastern time
- ASA State Networks: Lunch With a Lawyer networking call: Wednesday, Dec. 14, 12 noon–1 p.m. Eastern time
- Search and Placement Section networking call: Wednesday, Dec. 14, 1–2 p.m. Eastern time
- Engineering, IT, and Scientific Section networking call: Thursday, Dec. 15, 1–2 p.m. Eastern time
- ASA Texas Network: Happy Hour in Dallas: Thursday, Dec. 15, 5–7 p.m. Central time
- ASA Texas Network: Holiday Happy Hour in Houston: Thursday, Dec. 22, 5–7 p.m. Central time
Check out the details of these and more upcoming events at americanstaffing.net/events.
Invest in Yourself and Your Company, Save 20%
Put your staffing company on the path toward greater success in 2023—take advantage of the ASA certification sale, which continues through the month of December.
During the ASA certification sale, you’ll get a 20% discount on certification products (excluding renewals)—including certification packages, a la carte study materials, exams, lapel pins, certificate frames, and travel mugs and tumblers.
Why should you earn an ASA credential? Visit americanstaffing.net to learn the answer—then place your order in the ASA store, using discount code HOLIDAY22, by Dec. 31.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Dec. 4.
IQ Hired Americas LLC
Huntsville, AL
NurseStat LLC
Harrodsburg, KY
ASA Offers New CCPA Compliance Resources for Members
In an effort to assist members with workers in California, ASA now offers several new California Consumer Privacy Act compliance resources—including a sample template notice for employees, drafted for ASA by attorney Mitzi Hill of law firm Taylor English Duma LLP; and a document detailing content requirements for a CCPA notice to employees, which provides a list of the potential uses (business purposes) of employee data. The latter was drafted for ASA by attorneys Benjamin Ebbink, Usama Kahf, and John Polson of law firm Fisher Phillips.
Courts Begin Ruling on Compensability of Covid-19 Screening Time
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Holiday Safety Liabilities and Tips to Limit Employer Liability at Company Parties
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Oregon Public Health Emergency Triggers Changes to Oregon Family Leave Act Eligibility
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Notify OFCCP Now to Prevent Disclosure of EEO-1 Data
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LinkedIn Is Seeing a Decline in Remote Job Postings, Which Could Affect DEI Goals
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Health Benefit Cost Rose 3.2% in 2022, but Employers See Bigger Increases Ahead
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Forty-Five Percent of Public Schools Operating Without a Full Teaching Staff in October
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