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.
Form I-9 List B Covid-19 Temporary Policy End Announced
ASA Mounts Multifront Defense Against Attacks on Nurse Staffing Agencies
Since the start of the year, ASA and its health care members have faced a multifront legislative assault by hospitals and long-term care facilities complaining about excessive nurse staffing prices and urging federal and state regulators to act—including proposals to cap agency bill rates.
Legislation aimed at controlling nurse staffing costs and regulating how agencies operate has been introduced in 11 states. At the federal level, hospital and long-term care groups have urged the government to investigate whether nurse staffing agencies should be regulated. ASA has published an article that describes the various proposals and the advocacy efforts of ASA and its members to address these concerns.