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Business Transfer Solicitors
The business transfer solicitors at JMW can assist you in the full or part sale of your business’s assets, the purchase and transfer of assets from other businesses and in ensuring you comply with all TUPE Transfer of Undertakings (Protection of Employment) regulations during the transfer.
Business Transfers and Employment Law
Our experienced employment law solicitors regularly deal with business transfers throughout the UK, ensuring every element of the transfer of people between organisations is undertaken as efficiently as possible, minimising costs for our clients.
Whether you are selling some of your business’s assets, or you are transferring all shares, employees and assets to a new owner, our team will work closely with your business transfer agent and your accountant to ensure the transfer id effective and leaves no residual issues.
As a business you need to be aware when transferring assets, outsourcing contracts or indeed bringing work in-house, that TUPE may apply.
TUPE is designed to protect employees' terms and conditions of employment when a business is transferred from one owner to another. Typically, employees of a business’s previous owner automatically become employees of the new owner under the same contract, preserving their rights.