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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.
Consumer Sentiment Drops Sharply in October to Lowest Level Since May
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A Recession Is No Longer the Consensus
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Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market
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PNC Financial Begins Job Cuts
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See Seven Trends Driving Workers’ Comp Costs—Read Staffing Success Magazine
What’s driving workers’ compensation, and how can staffing firms best navigate this huge overhead expense? In Staffing Success magazine, leading staffing and insurance-industry professionals offer insights into the emerging trends—as well as strategies for managing risk.
ASA members can access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
Free ASA Webinar Tomorrow—Regulations for Health Care Staffing
Don’t miss tomorrow’s ASA webinar “Health Care Staffing Laws and Related Regulations—2023 Update,” 2–3 p.m. Eastern time. S. Montaye Sigmon, partner at Akerman LLP, will provide insights into recent developments in health care staffing agency laws and regulations and discuss best practices for ensuring compliance in a complex regulatory landscape. Sponsored by Akerman and presented by the ASA health care section.
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.
Unfair Labor Practices Charge Filings Up 10%, Union Petitions Up 3% in Fiscal Year 2023
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Seventh Circuit: Employer May Place Conditions on Paying for Noncompensable Off-the-Clock Work
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California Governor Signs Law to Slowly Raise Health Care Workers’ Minimum Wage to $25 Per Hour
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New York City Safe and Sick Time Rules Amended
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Hiring and Wage and Hour Law in New Hampshire
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Companies to Increase Levels of Pay Communication
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New Mental Health at Work Report Finds Employees Prefer Company Culture Change Over Self-Care Apps
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