30 July 2020, the Insolvency Service published its quarterly insolvency statistics for April to...
Buying or selling a business, acquiring new assets, or moving services to or from a contractor will often affect your staff.
When a business is a transferred from one owner to another, the employees’ terms and conditions are usually protected under the Transfer of Undertakings (Protection of Employment) Regulations (TUPE). This means that continuity of service and any other rights are all preserved. Whether you are the old or the new employer you are required to inform and consult employees affected directly or indirectly by the transfer.
We can advise and assist you through the process and help ensure you meet all your obligations so that the sale or purchase goes through as smoothly as possible. We deliver practical solutions and offer training for senior management to handle the changes successfully.
If you wish to obtain the advice our specialist employment solicitors and HR professionals to help you understand your employment and advice you on your legal position, please contact us or complete the enquiry form. You can also use the enquiry form to request a call back from one our experts.