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This work covers reviewing and assessing employment-related aspects in a business transaction, such as mergers or acquisitions, to identify risks and liabilities arising from staff, contracts, and workplace policies. A solicitor practising in this area examines employee contracts, restrictive covenants, pension schemes, TUPE, data protection, redundancy arrangements, and the impact of employment law on deal terms. They compile a due diligence report for clients, flagging potential liabilities and negotiating preferred positions in the transaction process.
The work focuses on decisions that affect people’s employment rights and the purchaser’s or seller’s obligations after completion, including handling notices, dealing with potential claims, and ensuring compliance with the Transfer of Undertakings (Protection of Employment) Regulations 2006 and related UK employment law requirements.
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