Although M&A projects tend to be driven by corporate or tax lawyers, in many cases labour law issues have a significant influence on whether or not the deal is successful. Information / consultation / codetermination rights (of both employees and their representatives) as well as sophisticated case law relating to business transfers may jeopardise the satisfactory completion of a transaction or create additional costs and sometimes even administrative fines or other liabilities.
The CMS Guide to Employment Issues in M&A Transactions provides a comprehensive overview of labour law requirements to be taken into account when dealing with an M&A transaction in 20 countries.
