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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.
Dramatic Shifts in Job Seeker Attitudes Due to Pandemic
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Most People Uneasy About Returning to Work
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North Carolina Essential Businesses Get Limited Protection During Covid-19 Recovery
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Covid-19 Takes a Toll on Employees’ Mental Well-Being
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Share Your Pandemic Success Stories
Is your company providing temporary and contract workers who perform essential work—to hospitals and other health care facilities; groceries, pharmacies, and other retailers; or other components of the consumer supply chain? If so, ASA wants to hear from you.
The staffing industry is playing a critical role in the delivery of essential services and products to the nation as it navigates Covid-19. ASA wants to learn about what its member companies are doing for candidates, temporary and contract workers, and client operations. Stories about company initiatives to address skills gap challenges to place candidates in essential jobs are especially useful, as are examples of the difference your firm is making in the communities where your employees work.
Your company could be spotlighted in a national ASA public relations campaign, association website and publications, and beyond. Visit americanstaffing.net for more information and to share your stories.
DOL Provides Additional Guidance on the Federal Pandemic Unemployment Compensation Program
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Pennsylvania Department of Health Issues Revised Employer Covid-19 FAQs
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Covid-19 Pandemic-Related Unemployment Benefits in Wisconsin
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Texas Unemployment Insurance Update: Valid Reasons for Refusing Work Amid Covid-19
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