We understand the employment law compliance requirements and commercial issues that arise in corporate transactions (such as mergers, acquisitions, takeovers, IPOs and dispositions), and deliver practical solutions.
The majority of this work is undertaken for either a vendor or purchaser, with a team of other expert advisers, led by a specialist corporate law firm. At other times we work directly with the client with whose business and employment culture we are very familiar.
This corporate support work is a busy and important part of LangtonHudson’s practice, and we are chosen to work on some of NZ’s most high-profile corporate transactions.
The types of work we often assist with include:
- Due diligence for purchasers – identifying material risks and providing recommendations in relation to employment issues within the target business
- Due diligence for vendors – assisting with preparing a vendor due diligence report and/or answering purchaser requests for information
- Employee and union consultation requirements
- Retention incentives
- Restraint of trade issues
- Technical redundancy issues
- Transfer of union-member employees on collective agreements
- Vulnerable employees’ statutory rights to transfer
- Sale and purchase agreements – advising on employment-related provisions, including treatment of accrued employee entitlements (such as holidays and leave), pre-conditions, transfer provisions, warranties and indemnities
- Communications with employees – sale announcement and transfer documentation
- Post-acquisition support