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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.
24 Seven Acquires Filter
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Fewer Americans File for Jobless Claims as Labor Market Continues to Shrug off Higher Interest Rates
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Producer Prices Rise But Show Some Relief in Key Categories
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Federal Reserve Minutes: Some Officials Highlighted Worsening Inflation Last Month
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Free ASA Webinar Today—Understanding the American Workforce
Don’t miss the ASA webinar “Employbridge Presents the 2024 Voice of the American Workforce Survey.” It takes place today from 2 to 3 p.m. Eastern time. Find out ways to attract, motivate, and retain hourly employees when ASA chair Joanie Bily, Employbridge’s division president and chief workforce analyst, presents a preview of the results from the latest Employbridge Voice of the American Workforce Survey, one of the nation’s largest and longest-running surveys of America’s hourly workers.
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.
Register Today—Because Compliance Is Key to Your Success
The ASA Staffing Law and Compliance Conference will feature subject matter experts on the industry’s most pressing topics—including artificial intelligence, contract negotiations, legislation aimed at the staffing industry, and remote work. This two-day event features sessions for staffing firm owners and executives, human resource professionals, compliance managers, recruiters, and attorneys. The conference takes place May 16–17 at the Westin Washington, DC, Downtown, and ASA has reserved a block of hotel rooms for conference attendees at a special daily rate. These rooms are available on a first-come, first-served basis.
Visit staffinglawconference.net to register for the Staffing Law and Compliance Conference and make your travel plans.
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:
- ATS, CRM, payroll, and accounting (back office) platform all-in-one recommendations
- Negotiating fee agreements
- Reference checking considerations for staffing firms
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.
Addressing Workplace Complaints: A Critical Step in Light of Whistleblower Incentives
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New Resources to Support Federal Contractor Hiring and Retention of Veterans
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Phoenix Approves Heat Rules to Protect Outdoor Workers
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Many Professionals Value Flexible Work, Yet Only 25% Say Their Jobs Offer Them High Flexibility
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2024 Nurse Salary and Work-Life Report Reveals Workplace Violence and Mental Health Concerns
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One in Three Hiring Managers Say It’s Beneficial to Avoid Hiring Gen Z, Senior Candidates
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