Business transfers
Business Transfers
During business transfers, it’s important to keep an eye on your objectives. There are many knock-on effects on staff employment during business transfers, and related activity, such as outsourcing and insourcing. But with a clear establishment of your goals, and help to navigate the legal implications, you will ensure you maximise the benefits of any business transfer and stay within compliance.
If you’re considering purchasing a business or selling your business, as the business transfers ownership, the rights and liabilities associated with the business’s contracts of employment will also typically transfer as part of the arrangement. Similarly, the same rules apply when insourcing or outsourcing certain functions, for example, IT support, cleaning, etc.
But legal issues can arise, so it’s best to have specialist employment law advisers to hand to help you. You may have questions about the obligation to take on employees from the seller of a business, or whether there’s scope for you, as a business buyer, to carry out redundancies. Are you able to amend the terms and conditions of employers who have transferred from a business, and has the transfer legally taken place? These are all issues, as experienced employment lawyers, we can help with.
How we help you
- Easy navigation of, what can be, a complex area of law and governed by the set of regulations, referred to as TUPE (Transfer of Undertakings (Protection of Employment) Regulations 2006). We advise you of all relevant implications in straightforward, clear language, free of jargon, and whether any TUPE scenario exists.
- Down-to-earth advice, and guidance from start to finish, from an experienced employment lawyer about your legal obligations, and potential obligations, from any transfer, or outsourcing/insourcing arrangements, and support to implement actions.
- Support for any buying and selling of a business, transfer details with regard to employees, as well as expert employment advice for achieving your business objectives.
If you are considering buying or selling a business, or in the process of a sale and have a question, get in touch with our experienced employment law team for an initial consultation in confidence. We are here and ready to help you with any aspect of employment and transfer of business.
