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A business transfer can result in the employees of the company being taken over, moving to the acquiring company. This means that the buyer not only acquires the employees but also their rights and obligations.
Sometimes, it is not clear whether a business transfer has taken place. For this, it is necessary to consider, for example, European-level legislation and various court rulings that are important in assessing whether there is a business transfer.
To make risks clear, it is important to make clear agreements with the selling party. For instance, what happens if the seller goes bankrupt after the transfer and the employees are still entitled to outstanding wages and vacation pay? To avoid unpleasant surprises and minimize risks, we are happy to assist you during the sales process.