Sale raises staffing issues.
Q: We are about to purchase a firm of brokers. We are only taking on one of the staff, the others ar...
Q: We are about to purchase a firm of brokers. We are only taking onone of the staff, the others are all being made redundant.
What are the potential liabilities we face?
A: The main issue here is the Transfer of Undertakings (Protection of
Employment) Regulations 1981. Most purchases where goodwill is involved,
ie a book of business, will involve the transfer of a going concern. In
this situation, you could be legally responsible for the vendor's
employees, and ex-employees, even if they do not
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