Buying, Selling or Transferring a Business as a Going Concern – You need to watch this video

In this week’s video we take you through the applicable labour law for transferring contracts of employment in the case of a business sale, purchase or transfer as a going concern – specifically Section 197 of the Labour Relations Act.

I have worked with many clients who sell, buy or transfer businesses and have seen the common misunderstandings and mistakes. In the video, I detail these so that you can easily avoid them.

I go through the clauses of Section 197, discuss dismissal, automatically unfair dismissal, organisational rights and other employment relations factors as they specific relate to a transfer of contracts of employment.

To access the transfer agreement click here

This video will be of value to anyone working with mergers and acquisitions, business owners buying or selling a business, business’ making structural changes, employees going through a transfer, employees in Human Resource Management, Industrial Relations, Labour Relations and Employment Relations consultants, and students of labour relations.

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