If the company you work for is sold, your employment rights should usually be protected under the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE).
This means that you, and other employees, should automatically be transferred to the new employer under the same terms and conditions as in your existing contract. It also states that the employees should be informed and consulted about the transfer of the business.
If the company you work for is in financial trouble, and has been sold to try and liquidate some business assets as part of insolvency proceedings, then TUPE may not apply. In some circumstances, terms and conditions may be varied and not all staff will automatically transfer.
How we can help
If you think you have been dismissed because of a TUPE transfer, or if the terms and conditions of your employment have been changed as a result of a TUPE transfer, you should speak to the employment law specialists at Else Solicitors. We have the knowledge and experience to set out for you your legal entitlements and any alternative courses of action you could take. We can provide advice and representation to employees at all levels of seniority about their rights and responsibilities under TUPE.
As we have experience of representing employers as well as employees in relation to TUPE we are ideally placed to anticipate how the business may respond to a claim and work effectively to best represent your interests.