When a business changes hands or the assets of a business change hands this, in almost all cases, includes the employees. This is even the case where the business was owner managed with few members of staff.
The TUPE provisions are important to both the outgoing business owner and the new owner as they are both responsible to ensure that the correct procedures are followed.
What many employers don't realise is that the staff transferring on a business sale retain their terms and conditions of employment and attempts to vary these on acquisition of the business or failure to follow pre-transfer procedures may result in Tribunal action.
We can assist and guide you through the pre-transfer procedures and assess and advise you on the staff and employment contracts you are acquiring as part of the business.
Contact our Business Law Solicitors toady on 0191 5666 500 or complete our no obligation online enquiry form.