Are you buying or selling a business? Are you bidding for a large contract for services? Have you factored employment liabilities into the price?
The employment law around sales and transfers of businesses is complex and often counter-intuitive. Failing to price the potential liabilities into a deal can be an expensive mistake, and could lead to a deal failing the due-diligence process. TUPE (Transfer of Undertakings and Protection of Employees) regulations can mean that staff automatically transfer from the old to the new provider when a contract for services is put out to tender – an unpleasant surprise if the new provider hasn’t done their homework.
At Backhouse Solicitors we are experts on the employment law of sales and purchases. If you are buying or selling a business, we can advise you what to look out for, perform the employment law due diligence and help you understand the potential risks and liabilities that you face. We have acted for both employers and employees in TUPE cases, often with many employees involved, and are perfectly placed to help you deal with the issues. Don’t leave things to chance, or you may find your business facing large number of tribunal claims that could have been prevented.
The benefits for your business:
Don’t let this complex area of law catch you out – contact us to speak to one of our TUPE expert employment law solicitors.
Tel: 01245 893400
Email: info@backhouse-solicitors.co.uk
Visit: 17 Duke Street, Chelmsford, CM1 1JU
Or send us a message through the Contact Us page on this website.