28 April 2024

Employment obligations when selling a business: a brief guide

In a recent interview with the National Business Review (see video above), Young Hunter Senior Employment Lawyer Gerard Elwell discussed the rules that apply to owners of a business during a sale process.

 

Gerard discusses (at 0min 13s) the differences between a sale of shares and a sale of assets on employment obligations. Gerard (at 1m 15s) provides insights on when an employer is required to consult with employees during the sale process and summarises (at 4min 25s) key takeaways for business owners.  

 

If you have any employment questions or issues, please feel free to contact our team on (03) 379 3880 for a free initial consultation.