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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.
BraddockMatthews and David Barrett Partners Combine
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ServicePoint Acquires SmartSource
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CareerArc Acquires Lumina
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BLS: Staffing Employment Declined in March
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NFIB Jobs Report: Small Business Job Openings Fall to Prepandemic Levels
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Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending March 31.
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COMPANY TK
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Hear From the Nation’s Top Legal Experts at the ASA Staffing Law & Compliance Conference
Renamed to better reflect its important focus on compliance and related human resource content, the ASA Staffing Law & Compliance Conference (formerly the Staffing Law Conference) takes place May 16–17 at the Westin Washington, DC, Downtown in Washington, DC. Subject matter experts will discuss the industry’s most pressing topics—including artificial intelligence, contract negotiations, legislation aimed at the staffing industry, and more.
Wondering who you’ll see there? Session presenters include attorneys Sarah Kroll-Rosenbaum of Akerman LLP; Gerald L. Maatman Jr. of Duane Morris LLP; and Jason B. Klimpl of Tannenbaum Helpern Syracuse & Hirschtritt LLP; industry leaders Vanessa P. Williams of Kelly; Sirmara J. Campbell of LaSalle Network; and Joanna Monroe of Staffing GC; and members of the ASA legal and public affairs team, among others.
Visit staffinglawconference.net to find out who’s presenting, learn about the scheduled sessions, make your travel plans, and register.
H-1B Denial Rates—Trends Signal Approval Predictability for Employers
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EEOC’s Delay in Issuing Final Regulations for the Pregnant Workers Fairness Act Does Not Delay Compliance
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NLRB’S Recent Move to Reduce Employers’ Ability to Monitor Employee Productivity Struck Down
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Employers Must Reimburse Actual—Not Approximate—Expenses for Minimum-Wage Employees
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Oregon Family, Paid Leave Changes Effective July 1
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Job Cuts Jump in March 2024 to Highest Total Since January 2023 on Government and Tech
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U.S. Small Business Job and Wage Growth Remain Steady
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Employee Retention Index Shows Improved U.S. Employee Sentiment, Signaling Worker Attrition Could Fall in the Next Six Months
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