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 Labour Law in an M&A Transaction provides a comprehensive overview of labour law requirements to be taken into account when dealing with an M&A transaction in 19 countries.
We believe that the Guide offers you a general overview. However, we would be delighted to expand on any issue raised by the Guide and to introduce you to an appropriate CMS lawyer in any jurisdiction of particular interest to you.
For more information, please contact Fernando Bazán or Alfredo Aspra.