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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.
Employer-Funded, Tax-Free Disaster Relief Payments Available to Employees
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Hiring During the Covid-19 Pandemic: What You Can Do
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Reducing Workweeks for Overtime Exempt Employees Does Not Necessarily Destroy the Exemption
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March Job Posting Trends: The Economic Ripple Effect of Covid-19
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Free ASA Webinar Tomorrow—Leading Through Crisis
Don’t miss tomorrow’s ASA webinar “Leading Through Crisis,” 3–4 p.m. Eastern time. If you are currently in a leadership position, it’s safe to say your skills are being tested now—but during a crisis is when real leaders show up, and that requires adaptability. This webinar is brought to you by Women In Leadership Interest Group.
All ASA webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
ASA Issue Paper: Financial Assistance Options for Staffing Agencies Under the CARES Act
ASA has published an issue paper addressing various financial assistance opportunities for staffing agencies under the Paycheck Protection Program of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Written by Marc J. Gerson, Esq., member of Miller & Chevalier Chartered, the paper details the PPP’s various requirements and provisions, including loan forgiveness, and describes the application process. The paper also addresses the interaction of PPP loans with CARES Act tax relief provisions, as well as other financial assistance opportunities—including Economic Injury Disaster and Exchange Stabilization Fund loans.
Business Activity Declines Steeply Amid Covid-19 Pandemic
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Maryland Provides Economic Relief From Covid-19 for Businesses and Tax Payers
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State Shutdowns Have Taken at Least a Quarter of U.S. Economy Offline
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