Employment

Employment during business transfers

Legal advice about employment during business transfers

One of the largest challenges in a business transfer is managing the employees. It is a delicate situation, and the rules are complex and change continually.

We can provide answers to the many questions arising in the process:

  • When is it legally a business transfer? 
  • Which employees are part of a transfer? 
  • Which employees should be part of the transfer? 
  • Can you dismiss employees in connection with a transfer and to what should you give special attention?
  • How do you handle collective agreements during a business transfer?
  • Special issues regarding key employees, including notices of termination, non- competition and solicitation of customers clause, incentive schemes and exit clauses
  • Use of warranties, indemnifications and closing conditions
  • Exit and stay-on agreements