What happens to the workforce during any merger or acquisition is obviously a matter of great importance and interest to all parties concerned and is an area of great complexity. United Kingdom employment legislation places responsibilities on both the buyer and the seller during this process and knowledge of this area is imperative.
This section gives the reader an outline understanding of the obligations placed on the various parties by United Kingdom legislation and covers areas such as the difference between a share sale and an asset sale as well as looking at continuity of employment issues and changing employees’ terms post transfer.
Specialist advice should be obtained before taking, or refraining from taking, action based on the contents of this site which is only intended as a brief note. If you require specific advice on any aspect of this section or on any other Italian employment related matters, please contact any member of the Jenny and Partners Employment Team.