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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.
Ford Prepares New Round of Layoffs for U.S. Salaried Workers
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Uber Is Laying Off 200 People in Its Recruiting Team
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Plan Your Professional Development at Staffing World—Session Descriptions Are Online
Staffing World®, the ASA annual convention and expo, will bring together the brightest minds in the staffing community. You’ll find valuable insights, networking opportunities, and inspiration to accelerate your firm’s growth in Charlotte, NC, this fall.
Session descriptions are available online. Visit staffingworld.net for details about the learning opportunities—more than 30 sessions in 12 major content categories—and start planning your learning experience.
Staffing World takes place Oct. 3–5 at the Charlotte Convention Center. Visit staffingworld.net for more information and to register.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending June 18.
Elective Staffing
Memphis, TN
Kindcare Staffing
Warsaw, IN
Peloton Inc.
Las Vegas, NV
RCS Corp.
Charlotte, NC
DOL Postpones H-1B, PERM Prevailing Wage Plans
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Calculating FMLA Leave for a Week With a Holiday: New Department of Labor Opinion Letter
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Whose Text Is It, Anyway? Maybe Yours
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California Court of Appeal Declines to Follow Viking River Cruises Ruling and Holds Employees Who Signed Arbitration Agreements Have Standing to Pursue PAGA Representative Claims in Court
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With Summer Seasonal Hiring in Swing, Companies Need to Shift Strategy to Compete
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New Research Provides Blueprint for Combating Today’s Chronic Hourly Worker Shortage
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Families Are Spending an Average of 27% of Their Household Income on Child Care Expenses
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