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.
This CMS Guide to Labour Law 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 Austria, Belgium, Bulgaria, Croatia, Czech Republic, France, Germany, Hungary, Italy, The Netherlands, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Spain, Switzerland and the United Kingdom. Cross-border mergers, which are the subject of a separate CMS guide, are beyond the scope of this document.
We are confident that this guide will be a valuable resource facilitating proactive planning and helping to avoid major mistakes related to labour law.
However, should you need more detailed advice or would like a copy of the guide, please contact any of the CMS labour law specialists in your country, who will be able to actively and efficiently support you on your journey to success.