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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.
Companies Place for Skills, Not Life-Long Careers
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Consumer Executives Expect Layoffs in 2023 as Labor Shortage Eases
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Korn Ferry to Cut Jobs
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Freight Forwarder Flexport Is Laying Off 20% of Its Workforce
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BlackRock Plans to Cut About 2.5% of Workforce in First Retrenchment Since 2019
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Free ASA Webinar Tuesday—Data on the Office–Administrative Sector
Don’t miss next week’s ASA webinar “Staffing STATS—Data-Centric Webinar Series, First Quarter Report: A Look at the Office–Administrative Sector,” 2–3 p.m. Eastern time. Take a look at staffing metrics and employment data, especially the issues that matter to the office–administrative sector, and learn how to leverage government data and other indicators to remain competitive in the current market
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.
Staffing Today Returns Jan. 17
In observance of Martin Luther King’s Birthday, ASA headquarters will be closed Monday, Jan. 16. Staffing Today will return Jan. 17.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Jan. 8.
HillTower Personnel
Wilmington, DE
The UpTeam Consultants
Taylor, TX
U.S. Department of Labor Announces Annual Adjustments to OSHA Civil Penalties for 2023
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EEOC Targets AI-Based Hiring Bias in Draft Enforcement Plan
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Employment Law Trends to Watch in 2023
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Seventh Circuit Guidance on ADA Accommodations and Medical Restrictions’ ‘Plain Meaning’
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2022 Seasonal Hiring Final Report: Seasonal Hires Decline Sharply in Retail and Transport and Warehousing
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HR Professionals Struggling to Meet Goals, Majority Burned Out
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DEI Is ‘the First to Go’ When Cutting Costs, Recruiters Tell Monster
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