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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.
Beige Book: Economic Activity Rose a Bit
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Jobless Claims Unchanged in Early March
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Productivity Rose in the Fourth Quarter of 2023
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Powell Says Fed on Track to Cut Rates This Year
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Business Roundtable Q1 CEO Economic Index Signals a Resilient, Accelerating U.S. Economy
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Free ASA Webinar Today—Preventing Workplace Hazards
Don’t miss the ASA webinar “OSHA’s Temporary Worker Initiative Bulletin Series: Warehousing and Ergonomics.” It takes place today from 2 to 3:30 p.m. Eastern time. Learn about the U.S. Occupational Safety and Health Administration’s new national emphasis program to prevent workplace hazards in warehouses, processing facilities, distribution centers, and high-risk retail establishments, as well as the new ergonomics standard OSHA is exploring, in this session presented by the OSHA Alliance Program. OSHA presenters Courtney Frost, CSP, and Marc Vargas, CIH, MPH, will be joined by ASA general counsel Brittany Sakata, liaison to the ASA/OSHA temporary worker safety alliance.
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.
The Latest From Your Colleagues on ASA Central
ASA Central—the dynamic online community just for staffing professionals—is home to more than 27,000 staffing professional profiles and countless ongoing industry conversations.
This week, take a look at your colleagues’ discussions and some of the blogs they’ve posted on ASA Central:
- Conversion terms for temporary-to-hire
- Demand-based pricing for staffing
- Which artificial intelligence tools staffing firms are using
Get involved with the community—update your profile today so you can network with colleagues, join a section community, recommend and comment on your colleagues’ posts, and share your own blog or discussion post. Log in to ASA Central now.
Key Risks When Using AI for Performance Management and Ways to Mitigate Them
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11th Circuit Strikes Down Florida Ban on Company’s ‘Woke’ Diversity Training
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Deyerler v. HireVue Expands Biometric Privacy Law to AI Video Interview Platform
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Complying With Pay Transparency Obligations: What New York City’s Recent Enforcement Activity Signals for Employers in 2024
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New York City Publishes Workers’ Bill of Rights
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Job Cuts Jump in February 2024; YTD Cuts Down 8% Over Last Year
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Road to Workplace Equality Still Steep, But Employers Making Gains Through Initiative, Innovation
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