CDF Labor Law LLP presents a complimentary webinar that will cover California employment law issues that arise in business transactions and restructurings. Please join CDF employment law attorneys John Giovannone, Erin Owen, and Desiree Ho, in this 90-minute deep dive that addresses employment law traps lurking in these significant business events.

Anticipating and managing complex California employment issues that arise in business transactions or restructuring events can help lay the foundation for a successful transaction and potentially avoid substantial and unexpected liabilities.

Employment law concerns have become even more important than ever in light of joint employer theories of liability and recently enacted dangerous California legislation that can create successor entity liability for unpaid wages, damages, and penalties owed to any of a judgment debtor’s former workforce. Understanding how the various California employment laws affect a transaction or restructuring is critical to preparing one’s business interests to be sold, as well as assessing the value and risks of acquiring or merging with a business.

During this webinar, attendees will hear about:

• How employment lawyers can work synergistically with the deal team to address mission-critical issues
• Employee Classification and potential consequences of misclassification in M&A transactions
• Wage and hour compliance assessment and risks in mergers, sales, and other transactions
• Managing employees on leave during a transaction
• Potential Cal/WARN Act requirements attendant to the business sales transaction
• Managing vested vacation banks and vacation liability during a sale
• Transitioning employees and the integration of new employment policies and practices
• The impact of labor unions and existing collective bargaining agreements in sales transactions, including the effect of NLRB decisions on unionized and non-unionized workforces

Who should attend?

Anyone who owns, holds a secured creditor position in, or represents a business that:

• Is contemplating selling or divesting from all or part of a California business interest;
• Plans to sell or divest from business interests outside of California that affect workers in California; or
• Plans to, is considering, or is actually in the process of buying or merging with another business that has employees in California.