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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.
BGSF Inc. Reports First Quarter 2024 Financial Results
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Lexitas Acquires LawGistic Partners
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CEO Confidence Increased Slightly in Q2
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U.S. Initial Jobless Claims Increase to Highest Level Since August
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New Staffing Pro Stacks Are the Professional Development Solution You Need Right Now
ASA recently introduced a new learning program called Staffing Pro Stacks, a first-of-its-kind credentialing program expertly designed by the best trainers in the industry to tackle your company’s biggest challenges. This intensive, accelerated program responds directly to what is going on in the staffing industry right now and addresses specific pain points you and your company are struggling with. Each focused course consists of nine 90-minute online lessons—you can complete a course in just nine weeks.
There are three programs—focused on Sales, Recruiting, and Leadership (additional programs will be released in the coming year). Complete one, two, or all three programs and stack your knowledge for maximum success. Find out more at americanstaffing.net/pro-stacks. ASA members get a discount.
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:
- Business-to-business lead generation
- Next steps for the U.S. National Labor Relations Board’s joint-employer rule
- Ways to prioritize internal staff morale
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.
Good Faith Defense Applies to Wage Statement Penalty Claims
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Initiative to Repeal PAGA on November 2024 Ballot in California
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Nurse.org Releases Latest ‘State of Nursing’ Findings
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Tech Worker Dissatisfaction Foreshadows Brain Drain for Employers
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New Robert Half Research Reveals Severity of the Technology Skills Gap Amid Talent Shortage
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