What contractual employment rights and obligations arise upon the sale of a
business? Is the new employer entitled to vary existing contracts of employment?
Can the new employer make an employee redundant shortly after the transfer has
taken place? What rights of consultation apply before the transfer of employees
to a new company?
Are payments made under the terms of a Compromise Agreement taxable? Is the
agreement always binding upon all parties? What legal costs will I incur in
relation to a Compromise Agreement? How is the amount of compensation
calculated?
We are able to offer constructive and practical legal advice to the above and
similar questions asked by clients concerning Compromise Agreements and the
application of the Transfer of Undertakings Regulations.
We offer a fixed fee arrangement for taking instructions and providing
preliminary advice of £300.00 plus VAT. In the case of Employer and Employee
Compromise Agreements, the majority of our fees will be paid by the Employer. No further charges
will be incurred without the agreement of the client.
