Course description
In the current landscape, more and more companies will be facing financial distress and will need to consider using insolvency procedures.
This provides many opportunities for potential buyers, but they need to be aware of the potential employment liabilities and risks involved that can be significant and which can affect the commercial viability of any proposed purchase.
This webinar will provide you with an understanding of the employment law issues which arise in administration and compulsory liquidation. Practical tips will be provided for proposed buyers of businesses in distress, to help mitigate potentially significant risk and liabilities. The effect of TUPE will be discussed in detail, along with the practical ways in which a proposed buyer can mitigate employment risk in an insolvency situation.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
In the current landscape, more and more companies will be facing financial distress and will need to consider using insolvency procedures.
This provides many opportunities for potential buyers, but they need to be aware of the potential employment liabilities and risks involved that can be significant and which can affect the commercial viability of any proposed purchase.
This new webinar will provide you with an understanding of the employment law issues which arise in administration and compulsory liquidation and practical tips for the proposed buyers of businesses in distress to help mitigate potentially significant risk and liabilities.
It is aimed at in-house counsel or lawyers advising on the purchase of businesses subject to insolvency procedures.
What You Will Learn
This webinar will cover the following:
- Summary of the effect of insolvency procedures on contracts of employment
- Employee protection: preferential debts and liabilities recoverable from the National Insurance Fund
- The effect of TUPE where there is a purchase of a business from a company in compulsory liquidation or administration; looking at the position of the employee and the proposed buyer, including an overview of potential risks and liabilities
- TUPE and furlough
- Practical ways for a proposed buyer to mitigate employment risk in an insolvency situation
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...