Business transactions and transferring employees
If you are acquiring a business, there are many employment issues to be considered. It is crucial that all employment rights are respected and seeking legal advice early is vital so that you are clear about how employment contracts can be transferred, and how to deal properly with reducing the workforce if necessary.
In most cases where a business is sold, or a service contract transfers to a new contractor, the employees will automatically transfer with the business or service provided under the TUPE regulations. Any dismissal connected to a business transfer will be automatically unfair, and changes to the employees Ts and Cs to their detriment, will be deemed void and may also result in constructive dismissal.
In the same way, if you are selling your business, expert legal advice will serve to ensure the sale is dealt with properly and you are protected from any future disputes as far as is possible.
Our Employment Team works closely with our Company Commercial team so that all the legal aspects of your business sale or purchase are properly checked, to ensure your interests are protected.
Whatever your employment question or issue, call for a free, no obligation consultation on 0117 926 4121 and ask for our Employment team.