Asset Buyers, beware. If the Seller has union-represented employees, and you intend to hire some or all of those employees and operate the assets as a union-free employer, take care to avoid becoming an accidental successor....more
11/1/2019
/ Asset Purchase Agreements ,
Asset Purchaser ,
Collective Bargaining ,
Collective Bargaining Agreements (CBA) ,
Duty to Bargain ,
Employer Liability Issues ,
NLRA ,
Successor Liability ,
Successors ,
Terms and Conditions ,
Union Representatives ,
Unions
When one employer purchases the assets of another and intends to employ some or all of the seller’s employees, it is very common for the asset purchase agreement to require the seller to disclose certain personnel information...more