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Restructuring & Collective Social Plans

Monaco

Monegasque companies face a constantly changing economic environment and must regularly adapt if they are to remain competitive.

This often involves restructuring or mergers and acquisitions.

Strategic choices like these can only be effective if every aspect of the complex labour-related issues at stake is carefully considered and well managed.

As well as requiring technical skills in corporate law, this type of restructuring also has significant implications for the workforce that can generate many underlying problems and employers must find appropriate responses to avoid disputes.

These are complex situations requiring a thorough grasp of the rules and conditions applicable in the Principality to transferring employment contracts after a merger, corporate spin-off or partial contribution of capital, or to implementing a redundancy plan.

Our labour law team regularly helps Monegasque companies implement these major projects that require a comprehensive understanding of the labour law issues at stake and the ability to react swiftly.

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14 Feb 2018
CMS Guide to Dis­missals
11 October 2016
Im­ple­ment­a­tion of a col­lect­ive re­dund­ancy plan in the Prin­cip­al­ity
The re­cent de­vel­op­ment of re­dund­ancy plans in Monaco has lo­gic­ally led to a grow­ing jur­is­pru­den­tial frame­work on this top­ic. As it pre­vi­ously did re­gard­ing the valid­ity of an eco­nom­ic ground be­hind the col­lect­ive dis­missal plan, the La­bour Court now provi