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.
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Help Prevent Workplace Harassment; Comply With the Law
Provide training for temporary workers—and comply with the law—with cost-effective and state-specific training. ASA offers a comprehensive online course specifically for staffing company use.
ASA has partnered with Kantola Training Solutions to provide full-service training for the temporary workers staffing companies employ. It allows you to track candidate and employee progress, download status reports, and more. Designed to fulfill local and state requirements, the training was co-developed with Littler, the world’s largest labor and employment law firm.
Visit americanstaffing.net/harassmentprevention for details. ASA also offers a basic harassment prevention training product in collaboration with the New York Staffing Association, an ASA-affiliated chapter.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Jan. 14.
AMX Healthcare Inc.
Business Capital Source LLC
Vision Staffing Solutions LLC