This content is for ASA members only.
If you’re already a member, please sign in to read more.
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.
Stellantis Makes Buyout Offers to U.S. White-Collar Workers
This content is for ASA members only.
If you’re already a member, please sign in to read more.
S&P Global: U.S. Services Activity Rises Markedly Again in July
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Employment Trends Index Decreased in July
This content is for ASA members only.
If you’re already a member, please sign in to read more.
ISM: Services Activity Expanded in July
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Chipmaker Intel to Cut 15,000 Jobs
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Wage Growth Cools
This content is for ASA members only.
If you’re already a member, please sign in to read more.
GAO Issues Report on Hospital Use of Agency Nurses During Pandemic
The U.S. Government Accountability Office has published a report on hospital use of nurses supplied by nurse staffing agencies during the Covid-19 pandemic.
The 43-page report was prepared per the Coronavirus Aid, Relief, and Economic Security Act in which Congress authorized GAO to report on its pandemic-related oversight efforts, including changes in hospitals’ use of supplemental nurses. ASA and several member nurse staffing agencies cooperated with GAO in its preparation of the report.
The report confirms what was widely known—that the sharp spike in patient demand during the pandemic caused nurse wages and the cost of staffing services to rise. At the same time, the report acknowledges the important role staffing agencies played in helping hospitals “maintain capacity” during the crisis.
GAO is sending the report to relevant congressional committees and other interested parties. GAO’s reports sometimes can lead to legislative action, but ASA has no indication that Congress is considering legislation relating to nurse staffing.
A copy of the report is available at gao.gov.
U.S. Factory Orders Down by 3.3% in June
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Provisions Group Acquires Hammrtech
This content is for ASA members only.
If you’re already a member, please sign in to read more.
Home