Takeover troubles
Q. We are buying another firm, which has an employment tribunal pending. We wish to change staff hours and contract terms. Do we inherit the tribunal, and can we alter the terms?
If your purchase involves buying shares, and thereby control of the company, the transfer of undertaking regulations does not apply. However, because the firm continues to exist, the tribunal will still go ahead, even under your new ownership.
As for changing hours and terms, you can do so, even against the staff's wishes, if you have a good commercial reason. However, you must act reasonably, which means consultation and, as far as possible, taking on board problems. For example, if the hours
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