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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.
Kroger Provides Coronavirus Tests for Employees
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CEO Group Calls for All Companies to Require Masks
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Key Steps in Responding to a Covid-Driven OSHA Complaint
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Covid-19: FFCRA Implications of School Reopening Plans
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Companies Lose Hope for Quick Rebound From Covid-19
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Renewed Covid-19 Outbreak Top Executive Concern
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IRS Unveils List of Tax Scams for 2020; Companies Vulnerable During Pandemic
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What Employers Need to Know About the Chicago Travel Quarantine Order
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Most Employees Satisfied With Covid-19 Return-to-Work Plans
More than three-quarters of employed U.S. adults (79%) are satisfied with their employers’ pandemic-related return-to-work plans, according to the results of the latest ASA Workforce Monitor® online survey.
“Worker health, safety, and well-being are of the utmost importance to all employers, but are even more top-of-mind as the nation continues to navigate the Covid-19 pandemic and businesses begin to resume traditional work and operations,” said Richard Wahlquist, ASA president and chief executive officer. “As part of its continued commitment to safety, ASA is providing new return-safely-back-to-work best practice protocols for all employers, and a checklist specific to ensuring the safety of temporary and contract workers.”
When planning for employee returns to “brick-and-mortar” job sites, organizations must consider a range of measures to ensure the safety of their workforces. Employed adults indicated that the top five measures that would be critical for them to feel safe on the job are social distancing measures, detailed cleaning protocols, Covid-19 testing offered to employees, personal protective equipment required, and temperature or symptom screening.
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