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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.
Fourth-Quarter Economic Growth Revised Slightly Lower
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Richmond Fed: Manufacturing Activity Flat in February
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The Economy Is Roaring. Immigration Is a Key Reason
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Macy’s to Shed Employees
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Free ASA Webinar Tomorrow—Fill Your Sales Pipeline
Don’t miss tomorrow’s ASA webinar “Sales Training With Shad Tidler, Part One: How to Get in Front of New Clients and Fill Your Pipeline More Easily,” 2–3 p.m. Eastern time. In this interactive webinar, the first part of a two-part sales training series, Shad Tidler will share the keys to ensuring that staffing firms can more easily and more consistently fill their sales pipelines in 2024.
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.
Subject Matter Expert Opportunities Are Still Available
Do you have insights to share with the ASA community? ASA is looking for subject matter experts in the staffing industry to participate at Staffing World®, the ASA annual convention and expo, which this year takes place Oct. 22–24 in Nashville, TN.
Proposals for Staffing World Knowledge Hub Tech Talks and Speed Talks—10-minute talks on technology topics or on broader industry topics—will be accepted through May 31. Submit your idea today for your chance to speak at Staffing World.
Electronic Delivery of Benefit Plan Information Can Save Time and Money, but Be Sure You Know the Rules
Employers maintaining benefit plans, including health insurance plans covered by the Affordable Care Act, must comply with certain notice and reporting rules established by the U.S. Internal Revenue Service and the U.S. Department of Labor. Electronic communication of documents is the most cost-effective delivery method, but staffing firms should be sure that employees can access them. This article by ASA counsel reviews the rules.
2023 EEO-1 Data Collection to Open April 30 With June 4 Deadline
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NLRB Rules Employee’s Display of ‘BLM’ Insignia Protected by National Labor Relations Act
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California Civil Rights Department Issues Clarifications on California Pay Data Reports
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Columbus, OH’s, Salary History Ban Goes Live on March 1
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Heightened Employee Expectations for Wellbeing Support Amid Growing Job Dissatisfaction and Desire to Change Jobs
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Almost a Third of Hospital Nurse Leaders Plan to Change Jobs in the Next Year
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