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Showing posts with label Asset Sale. Show all posts
Showing posts with label Asset Sale. Show all posts
Saturday 29 December 2018

Slate Not Wiped Clean by Release in Context of Share Sale

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Can an employee extinguish his statutory right to severance pay by way of a full and final release signed in the context of a share sale?...
Saturday 7 April 2018

Everything New is Old Again: Continuity of Employment in an Asset Sale at Common Law

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What happens in an asset sale transaction, if the purchaser / new employer neglects to give actual notice to an employee of the vendor, w...
Saturday 3 March 2018

Twenty-Six Months’ Notice Awarded to Employees Who Rejected Offer of Continued Employment

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Is an employee who is slated to lose his or her employment as a result of the sale of part of his or her company required to accept an of...
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Friday 17 November 2017

Brave New World: ONCA Says that in Asset Transaction, an Offer of Employment is Sufficient Consideration for Material Changes

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In an asset-sale transaction, if the purchaser offers to employ an employee of the vendor, can the purchaser vary some (or all) of the fu...
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Sunday 14 May 2017

What Happens in a Buy/Sell Deal if One of the Vendor’s Employees Refuses to Accept the Purchaser’s Offer of Employment?

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(c) istock/BernardaSv A typical term of any significant asset purchase agreement, which sees the employees of the vendor continue in emp...
Sunday 27 November 2016

Unrelated Employers Do Not Create Continuous Employment

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Taking on the employees of another business can create unexpected financial obligations for employers. For example, this blog has previou...
Monday 25 August 2014

Continuity of Employment Following the Sale of a Business

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(c) istock/Highwaystarz-Photography ”What are we doing about the employees?” That is the all-too-familiar question asked in the purchase...
Monday 16 June 2014

Employment Law Considerations When Selling Your Business

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For many, the prospect of retirement is a welcome thought. Perhaps you will finally have more time to spend with your spouse, children, or...
Monday 14 October 2013

Caveat Venditor - Non-Competition Agreements in Asset Sales

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Can a five-year non-competition agreement be legally enforceable? If it is attached to the sale of a part of your business it can be, says...
Thursday 17 May 2012

The Law can be an Asset Sale

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In an earlier post this blog commented upon the issue of successor companies and severance policies. However, another frequent occurrence ...
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