Restructuring & Redundancy Plans

In a constantly changing economy, Monegasque businesses must regularly adapt in order to stay competitive. In many cases, this means corporate restructuring, mergers, or acquisitions.

Our Employment Law team regularly assists Monegasque businesses with the task of implementing these major projects, which require comprehensive knowledge of the various social issues they implicate, and an ability to respond quickly and effectively as they arise.

Our fields of expertise include:

• Implementation of redundancy plans
• Advice on the rules and conditions for transferring employment contracts, such as in the wake of a merger, demerger, or partial asset transfer
• Transfers of jobs, redundancies, negotiations with staff representative bodies and the authorities, dealing with individual claims
• Contacts with competent authorities