Business transfer issues and TUPE

Employment law

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Business transfer issues and TUPE

Name: Thorneycroft Solicitors
Address: 12 Market Street, Whaley Bridge, High Peak, Derbyshire, SK23 7LP

At Thorneycroft Solicitors, we understand the complexities involved in business transfers to another business. The process requires specialist knowledge of employment and commercial law including how and when the Transfer of Undertakings (Protection of Employment) Regulations 2006 ( “TUPE”) applies.

What is TUPE?

TUPE requires employers to consult and inform employees about any business transfer and protects the employees’ continuity of employment and terms and conditions of employment. There are significant liabilities and costs if an employer does not comply with its TUPE obligations.

The more employees affected, the more damaging the costs could be if ‘TUPE’ is not complied with. This can involve a penalty of up to 13 weeks pay in respect of every affected employee as well as a finding of automatic unfair dismissal with associated compensation of up to almost £80,000 per employee.

How can our employment team help?

Our employment team can advise you on ‘TUPE’ to ensure the business transfer is properly planned and compliant with TUPE.

For further details on all business law related matters please contact Nicola Parker or Clare Cross on 01625 507 506 or email [email protected]

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Registration Office. Thorneycroft Solicitors Ltd, Bridge Street Mills, Bridge Street, Macclesfield, Cheshire, SK11 6QA. Registered in England No. 4932249 The term `director`, denotes a shareholder or director of the company or an employee or consultant who is a lawyer with equivalent standing and qualifications. Authorised and regulated by the Solicitors Regulation Authority, SRA ID: 406439. Calls may be recorded for security & training purposes.