Administration and employee contracts: what does Morrisons’ takeover of McColl's mean for employees?
27 May 2022
The purchase of a business as a going concern is relatively common, and the processes to follow are for the most part settled. In nearly all cases, the Transfer of Undertakings (Protection of Employees) Regulations 2006 (“TUPE”) apply to the transfer of the employees’ contracts, rights and service over to the new employer/owner, who must honour these rights as though they were the ones to give them in the first place.