Developments in Employment and Labor Law: Considerations for Managers

摘要

One company buys another. It happens every day. What does the transaction mean for the owners, managers and employees of the companies? Are the interests of these stakeholder groups in one or both companies, aligned and consistent? What about the agreements, contracts and obligations which were in place the day before the merger or acquisition became effective? Do they remain in effect? Are they still owed? Who is responsible, the new company or the old company?