A recent judgment from the Scottish Court of Session has once again brought the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE) into the headlines.
Legal Updates Archives - GBH Law
The recent Supreme Court decision in Harpur Trust v Brazel confirmed that all term time only and part-year workers and employees who are retained on a year-round basis, are entitled to 5.6 weeks statutory holiday irrespective of how many days or weeks they actually work in the year.
Aviation Asset Management Limited (AAM) has purchased Interflight Technical Services Limited from Mountfitchet Group, separating the Biggin Hill-based maintenance company from the private jet operator, Voluxis (formerly Interflight Air Charter), after eight years.
To sell your business you need to find a buyer who is willing to buy it and, more importantly, buy it for a price that you are happy with! Your accountants or a corporate finance adviser will be able to help if you are actively looking for buyers. Solicitors tend to become involved once a buyer has already been identified- and we would always suggest you ask a solicitor to review a heads of terms/ offer letter before you sign it.