mergers and acquisitions
Whether an employer is acquiring or selling a business, it is crucial that employment and labour issues be kept in mind in drafting purchase agreements and in managing the risks associated with mergers and acquisitions.
For a purchaser of a business, it is important to understand what employment related risks the purchaser is taking on in acquiring another business. Understanding successor employer obligations is important to evaluating the value of the business. Our lawyers regularly advise clients on those risks through effective due diligence review and understanding a client's goals in purchasing the business. We also assist the purchaser in drafting employment agreements and ensuring that key employees are retained as well as providing advice and assistance on integrating new employees into the purchaser's existing operations.
For a seller of a business, it is important to limit any ongoing risks following the completion of the transaction. We can assist a client in ensuring that the purchase agreement protects it from ongoing claims by former employees to notice, benefits or other claims that may arise well after the transaction has been completed.
Publications / Presentations
|