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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.
Small Business Owners’ Confidence in the National Economy Drops, Inflation Concerns Continue
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Franchising Growth Trends Ahead of Prepandemic Levels
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Facebook Parent Meta Plans Lower Bonus Payouts for Some Staff
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Warner Music Group to Cut 4% of Staff
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New ASA Legal Line Video for Members: An Update on 2023 Health Care Staffing Legislation
What’s in store, legally and legislatively, for health care staffing firms? The ASA Legal Line monthly video series features a member of the association’s legal team and addresses critical legal, regulatory, and legislative topics that have direct implications for your business. In the latest installment, ASA vice president of government affairs Toby Malara delivers an overview of several health care staffing-related bills introduced in the states—bills that could affect your company’s operations and growth potential.
Malara also previews a special session scheduled in conjunction with the ASA Staffing Law Conference, May 18–19 in Washington, DC. “Health Care Staffing—Combating the Legal and Legislative Issues Ahead,” which takes place Wednesday, May 17, is open to all conference registrants. Go to staffinglawconference.net for details and to register today.
Watch the latest ASA Legal Line video, then join the conversation on ASA Central. The ASA Legal Line monthly video series is sponsored by Essential StaffCARE, an ASA corporate partner.
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 protect your business, understand your employees, and more.
April 4—”Conquering Contract Negotiations: How to Protect Your Business and Still Win the Deal“
Lia Elliott of Staffing GC revisits her popular session from Staffing World® 2022 on how to say no without losing your prospect or client—plus tactics and tools you can use to get more deals done.
April 11—”Stop the Revolving Door: Identifying and Taking Action on Turnover Risks“
It is difficult to sustain business continuity, customer satisfaction, and financial success with high employee turnover—but employees often provide warning signals before they resign. B. Lynn Ware of Integral Talent Systems will explain how you can turn your organization’s leaders into effective retention managers.
April 18—”Staffing STATS—Data-Centric Webinar Series, First Quarter Report“
Get timely data and hear a reliable analysis of industry research and economic trends based on the ASA Workforce Monitor and surveys from other industry sources.
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 March 26.
Intrepid Staffing Services LLC
San Antonio, TX
Staffwiz Solutions
New York, NY
Get Ready for Safe + Sound Week
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Court Holds That Some Inappropriate Communications Between Employees Aren’t Work Related for Purposes of Harassment Liability
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2023 Compensation Check Up: Legal Updates
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Most Gig Workers Paid Sick Leave Under New Seattle Law
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Accountants’ Salaries Are Rising, but It May Not Add Up to More Accountants
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The Class of 2023 Faces a Jittery Job Market
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