TUPE and Corporate Transactions
Business transactions – whether buying or selling a business, or out/insourcing part of your business, are never straightforward.
We work with businesses to ensure this process is simplified, and any exposure to risk is minimised. The Transfer of Undertakings (Protection of Employment) Regulations 2006 (SI 2006/246) (or as it is more commonly known, “TUPE”) can apply in a wide range of situations.
Here at Omny, we offer dedicated corporate and employment law support to help you navigate the intricacies of business transactions from the handling of staff communications and clear documentation around ongoing liability for employment issues, to the negotiating of contractual terms and management of shares.
TUPE
The obligations on businesses when it comes to transferring employees from one company to another in accordance with TUPE are onerous and complex. Our team of experts will help simplify the process for you, and we will support you every step of the way with your information and consultation obligations to ensure a seamless transition.
Mergers and Acquisitions
Whether you are buying a business or selling your own, we understand that mergers and acquisitions are complex and often important in the growth of your business. Our team works closely with our corporate law experts to manage the employment aspects of the business transaction. We work as a team to offer your business a wealth of experience in the management of business sales, ensuring smooth, strategic transactions that align with your long-term goals.
Share Transfers and Share Agreements
When it comes to business transactions, ensuring shares are managed correctly cannot be overstated. Whether you are buying or selling shares, or even entering into a partnership with new investors, we have the expertise to ensure share documentation is drafted taking into account the various employment relationships within the organisation.
Get in touch
If you believe you would benefit from support from our team of experts in relation to TUPE and/or your business transaction, get in touch with the team.
