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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.
Employment Continued to Expand in 2023, at a Slower Pace
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BLS: Employer Costs for Employee Compensation Rose in March
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CBO: Increased Spending Pushes 2024 U.S. Budget Deficit Estimate Higher
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Amazon Labor Union Members Vote Overwhelmingly in Favor of an Affiliation with the Teamsters
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Free ASA Webinar Tomorrow—Complying With Accommodation Requirements
Don’t miss tomorrow’s ASA webinar “Accommodations in the Workplace: Disability, Religion, and Pregnancy,” 2–3 p.m. Eastern time. Lia Elliott of Staffing GC reviews the legal obligations that affect staffing firms regarding workplace accommodation requests—in particular how the Pregnant Worker Fairness Act, U.S. Equal Employment Opportunity Commission regulations, and recent court decisions may affect reasonable accommodations in the workplace. Sponsored by StaffingGC.
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.
Elevate Your Sales Game—Read Staffing Success Magazine
The need for differentiation in a fiercely competitive market is real for staffing firms. In the May–June issue of Staffing Success magazine, learn about eight strategies to adopt now to invigorate sales efforts and drive growth at your firm amid evolving industry and economic pressures.
ASA members can access the current issue and back issues of Staffing Success, and other ASA digital publications, at americanstaffing.net/digital.
Agreement Reached in California to Reform Private Attorneys General Act
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Understanding California’s Minimum Wage
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New Requirements for New York Employers Effective This Summer
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Colorado Amends Noncompete Law to Address Potential Abuses of Training Repayment Agreement Provisions
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Puerto Rico Increases Hourly Minimum Wage to $10.50 Beginning July 1
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ResumeBuilder.com: A Quarter of Companies Plan to Increase Mandatory In-Office Days in 2025
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When Caring for Your Parents Comes at a Cost to Your Career
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