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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.
U.S. Weekly Jobless Claims Decline Further
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Richmond Fed: Manufacturing Activity Remained Sluggish in November
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Durable Goods Orders Barely Budge; No Sign Manufacturing Slump Is Ending
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Fed’s Favorite Inflation Gauge Picks Up, in Line With Forecasts
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Fed Minutes Show Officials Prefer Future Rate Cuts to Be Gradual
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Staffing Today Returns Dec. 2
In observance of Thanksgiving, ASA headquarters will be closed Thursday, Nov. 28, and Friday, Nov. 29. Staffing Today will return Monday, Dec. 2.
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:
- Detailing overtime calculations in employee contracts
- Resources for prospecting and lead generation
- Update on federal exemptions from overtime
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.
Welcome New ASA Members
The ASA board of directors and staff welcome the following new members, which joined during the week ending Nov. 24.
Astyra Corp.
Richmond, VA
Employment Experts Inc.
Presque Isle, ME
Global Impact Group LLC
Raleigh, NC
Implementing the Pregnant Workers Fairness Act: Key Insights for Employers
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Sixth Circuit Rules Breach of Contract Claims Can Still Be Used to Protect Trade Secrets
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New York’s Clean Slate Act Requires Employers to Update Background Check Processes
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Maryland’s Impending FAMLI Program: What Employers Need to Know Now
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Employee Termination Law in Utah
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Two-Thirds of Metro Areas Add Construction Jobs From October 2023 to Last Month
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New iCIMS Data Shows Job Openings Surge Despite Strikes, Storms and Election Unrest
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