PJH Employment Law Solicitors Employment Law Solicitors  

Share sales

by Philip

 The much loved TUPE Regulations have a number of immutable, underlying principles. A key concept is that in order for TUPE to apply the identity of the employer has to change. Therefore if a transaction involving a limited company is effected by a share sale, TUPE will not normally apply, as the identity of the employer has not changed, merely the identity of the owner of the employer. Reminder here.

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