Benefits and Employment in Transactions and
Reorganizations
SNR Denton lawyers advise clients regarding
labor, employment, executive compensation and benefit issues
arising in corporate transactions and restructurings, including
advising on the application of the Transfer of Undertakings
Regulations (TUPE), counseling regarding Worker Adjustment and
Retraining Notification Act (WARN) obligations, litigation
avoidance and adverse impact studies in connection with significant
workforce reductions.
Representing buyers, sellers, acquirers,
lenders, and institutional investors in connection with mergers,
sales and acquisitions, we provide the parties involved with
valuable legal and business advice.
SNR Denton assists both sellers and buyers
in corporate transactions to negotiate and draft agreements
incorporating protective representations and warranties and other
provisions regarding labor, employment, executive compensation and
benefit issues. We also advise on the tax, governance and
securities treatment of equity incentives, executive change in
control arrangements and severance and retention
matters. Furthermore, SNR Denton lawyers counsel clients in
designing and implementing transaction-related restructurings (such
as reductions in force and alterations in benefit structures) to
advance the interest of our clients. We also conduct comprehensive
investigations of overall employment and benefits operations,
including analyses of pending or potential litigation exposure,
evaluation of sellers’ employee benefit plans and employment
agreements, labor contracts and ongoing labor relations
environments, and determination of impact of collective bargaining
agreements, employee benefits obligations, and/or labor, employment
and benefit laws on acquirers, sellers or other parties.
Our lawyers frequently form part of cross-departmental teams
acting for insolvency practitioners. This will often
necessitate urgent decisions being made regarding an insolvent
company's workforce with appropriate steps being required to
minimize employer liabilities but to the extent possible, retain
the prospect of a business being sold as a going concern. Our
lawyers have worked on some of the world’s highest profile
insolvencies in recent years.
Areas of Focus:
- Acquisitions
- Mergers
- Insolvency
- Restructuring
- Workforce reorganizations