• Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech
Stories from SWNS
Advertisement
  • Home
  • News
    IRONING By Navajo

    IRONING By Navajo

    5 Interesting facts about online casinos

    5 Interesting facts about online casinos

    Curses of Cousins by Cliff Bacchus

    Curses of Cousins by Cliff Bacchus

    Operation Bluebird by Harry Old

    Operation Bluebird by Harry Old

    Family miraculously survive huge gas explosion

    Family miraculously survive huge gas explosion

    Deputy Chief Medical Officer’s elderly mum receives her first dose of Covid vaccination

    Deputy Chief Medical Officer’s elderly mum receives her first dose of Covid vaccination

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Spending More Time Online? How to Make the Most of Your Time

    Spending More Time Online? How to Make the Most of Your Time

    Why Now More Than Ever Healthcare Needs To Go Digital

    Why Now More Than Ever Healthcare Needs To Go Digital

    The Impacts of Technology in the Casino Sector

    The Impacts of Technology in the Casino Sector

    How IoT Is Shaping The Various Aspects Of The Healthcare Industry?

    How IoT Is Shaping The Various Aspects Of The Healthcare Industry?

    How Can Robots Take Their Place in Casinos?

    How Can Robots Take Their Place in Casinos?

    Three Elearning Trends That Point To The Importance Of Mobile Learning Solutions

    Three Elearning Trends That Point To The Importance Of Mobile Learning Solutions

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
  • Home
  • News
    IRONING By Navajo

    IRONING By Navajo

    5 Interesting facts about online casinos

    5 Interesting facts about online casinos

    Curses of Cousins by Cliff Bacchus

    Curses of Cousins by Cliff Bacchus

    Operation Bluebird by Harry Old

    Operation Bluebird by Harry Old

    Family miraculously survive huge gas explosion

    Family miraculously survive huge gas explosion

    Deputy Chief Medical Officer’s elderly mum receives her first dose of Covid vaccination

    Deputy Chief Medical Officer’s elderly mum receives her first dose of Covid vaccination

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Life
    • Celebrity
  • Tech
    Spending More Time Online? How to Make the Most of Your Time

    Spending More Time Online? How to Make the Most of Your Time

    Why Now More Than Ever Healthcare Needs To Go Digital

    Why Now More Than Ever Healthcare Needs To Go Digital

    The Impacts of Technology in the Casino Sector

    The Impacts of Technology in the Casino Sector

    How IoT Is Shaping The Various Aspects Of The Healthcare Industry?

    How IoT Is Shaping The Various Aspects Of The Healthcare Industry?

    How Can Robots Take Their Place in Casinos?

    How Can Robots Take Their Place in Casinos?

    Three Elearning Trends That Point To The Importance Of Mobile Learning Solutions

    Three Elearning Trends That Point To The Importance Of Mobile Learning Solutions

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    macOS Sierra review: Mac users get a modest update this year

    Hands on: Samsung Galaxy A5 2017 review

    The Last Guardian Playstation 4 Game review

    Intel Core i7-7700K ‘Kaby Lake’ review

No Result
View All Result
Stories from SWNS
No Result
View All Result
Home Business

Protect your rights during small business takeovers and mergers

by
November 26, 2012
in Business
0
There is a trend in the UK for mergers and acquisitions due partly to the current economic climate

There is a trend in the UK for mergers and acquisitions due partly to the current economic climate

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
There is a trend in the UK for mergers and acquisitions due partly to the current economic climate
There is a trend in the UK for mergers and acquisitions due partly to the current economic climate

This week it was reported that Network Rail Infrastructure has completed the takeover of one of the South West’s most innovative rail systems businesses, IAD Rail Systems. IAD is a division of Claverham Limited, which supplies design and manufacturing services to the civil aviation and military aerospace industries.

The news provides further support to statistics that show that the savage economic climate and growing uncertainty over the UK’s ability to return to growth is driving a trend for mergers and acquisitions.

Rights and duties

As an employee you have a right to be consulted about the possibility of a future takeover, either individually of through an employee representative. It is worth noting that you do not have to accept a takeover and transfer of your employment contract, but if you choose to decline your contract will come to an end as you will have effectively resigned. In such circumstances you should take legal advice from an employment lawyer on whether you are entitled to claim redundancy or even unfair dismissal.

If you are dismissed after a takeover this is automatically unfair dismissal and you should consult an employment lawyer. The company taking over your business can choose to dismiss staff for ‘economic, technical or organisational’ (ETO) reasons, but for this they must consider existing staff as well as staff from the new business for redundancy. They must also follow the correct redundancy procedures to avoid unfair dismissal claims.

Protect your interests

One of the main worries for employees of a small company is the news that a larger business is making takeover enquiries. Job security automatically comes under threat, as takeovers often result in the loss of some jobs as separate business functions are merged.

Employees of companies that are taken over are legally protected by TUPE legislation, the Transfer of Undertakings (Protection of Employment) Regulations. TUPE protects employees when their business is taken over by a UK-based company.

TUPE guarantees that your job carries over to the new company, that the terms and conditions of employment transfer over (eve if they are more favourable than those of existing employees) and that your continuity of employment is maintained. This last point means that if you had worked for the old company for five years, you will be considered as working for the new company for five years also.

David and goliath

Often a takeover results in a different working climate. Even if staff don’t change, and the work stays the same, employees often report that something changes within the ethos of the new business.

Just six months after global IT-giant HP bought 2,000 employee UK-software business Autonomy for $10.3bn, almost a quarter of the staff including the CEO and founder Mike Lynch had left. Staff cited a clash of working cultures as a reason for leaving, telling incredible stories of how the HP administrative machine required them to fill in endless forms to get anything done, and left many staff feeling despondent.

These examples show that there are many things to keep in mind if the company you work for is being acquired, so try and stay well informed about your legal rights.

This article was contribute by Nick Branch from Contact Law.

Previous Post

Burglar who was disturbed during a daytime break-in HID in the wardrobe… for 13 HOURS

Next Post

Pensioner, 93, threatened with an ASBO for repeatedly feeding PIGEONS

Next Post
Edwin Johnson-Flint with the letter threatening him with an ASBO for feeding pigeons

Pensioner, 93, threatened with an ASBO for repeatedly feeding PIGEONS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 81 Followers
  • 43k Followers
  • 108k Subscribers
  • 22.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

March 5, 2014
The top ten most well-known bingo phrases

The top ten most well-known bingo phrases

January 21, 2014
The horses thunder towards a jump at the Grand National

Amazing racehorse names which never made it

April 23, 2014
HGH Injections Brands: Which Ones Are Best?

HGH Injections Brands: Which Ones Are Best?

January 14, 2019
Chris Fear, 33, outside the Coral betting shop which is refusing to pay out on his 485/1 winning bet

Boycott Coral! Bookmaker faces protest after refusing to pay out on a football fan’s 485/1 bet

184
Women love cheesy chat up lines, a study has revealed

Top 20 cheesy chat-up lines ladies really love

147
Women feel invisible to the opposite sex at the age of 51, researchers found

Women begin feeling invisible to men ‘when they turn 51’

138
UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

UKIP candidate claims Jews murdered each other in the Holocaust in masterplan to create State of Israel

105
IRONING By Navajo

IRONING By Navajo

March 2, 2021
Top 5 RTG Games to Try in Online Casinos

Top 5 RTG Games to Try in Online Casinos

February 25, 2021
How to choose a lawyer in Latvia?

How to choose a lawyer in Latvia?

February 23, 2021
3 Simple Luxuries That Can Transform Your Daily Routine

3 Simple Luxuries That Can Transform Your Daily Routine

February 22, 2021

Recent News

IRONING By Navajo

IRONING By Navajo

March 2, 2021
Top 5 RTG Games to Try in Online Casinos

Top 5 RTG Games to Try in Online Casinos

February 25, 2021
How to choose a lawyer in Latvia?

How to choose a lawyer in Latvia?

February 23, 2021
3 Simple Luxuries That Can Transform Your Daily Routine

3 Simple Luxuries That Can Transform Your Daily Routine

February 22, 2021
SWNS

SWNS all rights reserved. Copyright 2020

Follow Us

Browse by Category

  • Auto
  • Blog
  • Business
  • Celebrity
  • Gaming
  • Life
  • Lifestyle
  • News
  • Pictures
  • Property
  • Review
  • Sport
  • SWNS
  • Tech
  • Travel
  • Uncategorized

Recent News

IRONING By Navajo

IRONING By Navajo

March 2, 2021
Top 5 RTG Games to Try in Online Casinos

Top 5 RTG Games to Try in Online Casinos

February 25, 2021
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.

No Result
View All Result
  • Business
  • Life
  • Celebrity
  • Sport
  • Blog
  • Auto
  • Tech

Real Fix is a trading style of South West News Service Limited.
Copyright © 2020 South West News Service Limited.