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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.
Here’s Where All the Construction Workers Went
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Technology Deployment and Advanced Analytical Skills Are in High Demand in Hospital C-Suite
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Cross Country Healthcare to Acquire Mediscan
Business Wire (10/19/15)
Workforce solutions provider Cross Country Healthcare Inc. has signed a definitive agreement to acquire Woodland Hills, CA-based Mediscan. Mediscan provides temporary health care staffing and workforce solutions to both the health care and education markets.
Amazon to Hire 100,000 U.S. Workers for Holidays
Wall Street Journal (10/20/15) Greg Bensinger
Amazon.com Inc. plans to hire 100,000 seasonal workers this holiday season, up 25% from 80,000 last year. The company’s rivals are hiring on par with last year. Wal-Mart plans to hire 60,000 seasonal employees, Target 70,000, and Macy’s 85,000.
ASA Quarterly Staffing Employment and Sales Survey Now Open
The association’s quarterly Staffing Employment and Sales Survey for the third quarter of 2015 is now open. Staffing firms that complete the brief survey will receive an exclusive report on the results—now enhanced with graphs and an executive summary. The report also includes sales category and sector-level data.
The data collected by this survey enable ASA to track staffing sales and gross margin trends and provide productivity metrics. Participate in the Staffing Employment and Sales Survey by Nov. 18 to get the staffing industry information you’re looking for.
Register to take the survey, or view the questionnaire, at americanstaffing.net. The survey is sponsored by ASA research partner CareerBuilder, and there are no fees to participate.
In Fight for Better Wages, Massachusetts Workers Join Union
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Illegal Pay Schemes Cheat Gulf Coast Shipyard Workers out of Millions in Overtime Pay
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Late Time Cards a Headache but No Reason to Withhold Pay
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FLSA FAQ: Calculating Commissions for Nonexempt Hourly Employees
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