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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.
Average Hourly Earnings Increased in November
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U.S. Consumer Sentiment Rises Along With Inflation Expectations
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UKG: Early Start to Holiday Shopping Drives Workforce Activity Growth
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Microchip Technology to Cut Jobs
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Free ASA State of the Industry Webinar Tomorrow—Understanding Job Seekers
Don’t miss tomorrow’s ASA webinar “ASA State of the Industry Webinar Series—Fourth Quarter Update for Staffing Professionals—Focusing on: Job Candidates,” 2–3 p.m. Eastern time. The fourth ASA State of the Industry webinar of 2024—presented by ASA with Eric Gregg of ClearlyRated, the association’s satisfaction survey partner—will cover the important trends, research, and legislative updates affecting the industry right now. Plus you’ll hear from ASA leadership and from ASA board member Andrea Brenholz, chief executive officer of ATR International. Sponsored by ASA corporate partner ClearlyRated.
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.
ASA Offers Resources on Diverse-Owned Businesses
Staffing companies—particularly small businesses and minority-, veteran-, LGBT-, and woman-owned businesses—find they may be able to partner with larger companies that have supplier diversity initiatives in place.
The ASA inclusion, diversity, and equity advocacy (IDEA) group has developed guidance for ASA members interested in partnering with those companies or in becoming a diverse-owned certified business.
Visit americanstaffing.net/diversity for a directory of diversity certification organizations, a glossary of common terms, and more. The ASA IDEA group is sponsored by ASA corporate partner ClearlyRated and by Monster.
Online Job Platforms, Clients, Face Increased Scrutiny and Charges for Misclassifying Workers
Around the country, state regulators are stepping up enforcement activity against app-based and online job platforms that classify workers as independent contractors. Clients of those platforms are also increasingly in the crosshairs. Recent action ranges from formal investigations in some cases to fines and penalties in others.
In this article, ASA examines the recent regulatory activity and looks at what’s at stake for job platforms and their clients when workers are found to have been misclassified.
Worker Classification in the Gig Economy: Legal Wins and Strategic Considerations for Employers
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USERRA Case Highlights Employer Defenses to Allegations of Anti-Military Bias
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Washington Court of Appeals Issues New Ruling on Penalties for Missed Breaks
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2025 Changes to Massachusetts Paid Family and Medical Leave
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Missouri Announces Reduction of Workers’ Comp Rates for Employers in 2025
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Construction Employment Increases by 10,000 Jobs in November
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Nursa Survey Finds 72% of Independent Contract Nurses Also Hold Full- or Part-Time Jobs
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