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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.
Applications for U.S. Jobless Benefits Barely Rose Last Week
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U.S. Job Growth in Year Through March Was Far Less Than Estimated
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Banks Obtained Crucial Jobs Data While Report Was Delayed
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Fed Steaming Toward September Rate Cut, Minutes From Meeting Show
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GM Lays Off Over 1,000 Salaried Software, Services Employees
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Get Accelerated Education With Staffing Pro Stacks
ASA offers a new, effective way to get your firm on an upward trajectory in just nine weeks. Staffing Pro Stacks, its new professional development program, is a first-of-its-kind intensive credentialing program expertly designed by the best trainers in the industry to tackle your company’s biggest challenges. The program addresses specific pain points that staffing companies are struggling with right now.
There are three programs—focused on Sales, Recruiting, and Leadership. Complete one, two, or all three programs and stack your knowledge for maximum success. Additional programs will be released in the coming year.
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:
- Growing your direct hire professional placement business
- The evolving role of automation in recruiting
- Using LinkedIn for lead generation
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.
EEOC Research Finds Alternative Dispute Resolution More Effective When Offered Early in the EEO Complaint Process
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What Every Employer Should Know About OSHA: Walkaround Representatives
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Respiratory Protection Week Coming Next Month
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2025 California Minimum Wage Increases to $16.50
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LA County Employers Must Update Job Postings, Offer Letters, Background Check Processes by Sept. 3
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State Employment and Unemployment—July 2024
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MBO Partners: One in 10 U.S. Workers Are Digital Nomads
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