Transactional support and TUPE for businesses
Introduction and overview transactional support and TUPE for businesses
We act on the full range of employment related transactional support work, from smaller domestic corporate transactions to large, complex cross-border corporate transactions involving multinationals.
We also advise on the employment related implications of corporate real estate transactions.
Our work often involves helping businesses understand and comply with the Transfer of Undertakings (Protection of Employment) Regulations 2006 (TUPE).
How our solicitors can help with transactional support and TUPE for businesses
Key services offered
Our experts provide assistance to buyers on many legal aspects including:
- advising on employment due diligence
- drafting employment provisions in transactional documents, such as asset or share purchase agreements, including employment related warranties and indemnities
- advising on the effect of TUPE on relevant business transfers and service provision changes, including in relation to information and consultation requirements and the effect of TUPE on employment contracts and related liabilities
- advising on pre and post-completion dismissals
- post-completion harmonisation of terms and conditions of employment
- calculating employment related liabilities connected to the acquisition
- advising on transaction related bonuses and other incentives
- sourcing and co-ordinating employment law advice from other jurisdictions in cross-border transactions
When acting for sellers, we advise on these key issues from the seller's perspective, assist with organising an employment 'data room' when appropriate and respond to due diligence enquiries.
Industry experience
Transactional support work carried out by members of our team includes:
- advising a UK insurance company on employment aspects of its takeover by a Japanese insurance company
- advising a US bank on post-merger harmonisation of terms and conditions outside the US and co-ordinating the provision of related advice from numerous jurisdictions
- advising a European mobile phone manufacturer on its acquisition of a UK software company
- advising a US energy company on its acquisition of a UK rival
- advising a local authority on its TUPE obligations in connection with the takeover of a shopping centre
- advising a UK property developer on its acquisition of a golf course in the UK
Why choose Russell-Cooke for transactional support and TUPE for businesses?
About our employment law team
We are one of a relatively small number of employment law teams that is highly recommended in The Legal 500. Our team of specialist employment lawyers acts for a broad range of businesses, from small domestic companies to large multinationals.
Our technical and commercial employment expertise allows our clients to make informed commercial decisions. We’re also adept at collaborating with international law firms and in-house corporate/commercial lawyers that don’t have an employment law capability in the UK. We act as a 'satellite' employment team working alongside their corporate/commercial teams on mergers and acquisitions.
Charging information
Charges are usually based on our hourly rates plus administrative charges and disbursements. We’ll provide an initial estimate of your likely legal costs and will update this if your requirements or the circumstances of the work change.
The current range of hourly rates for members of the team is from £165 plus VAT to £450 plus VAT per hour.
We’d be pleased to discuss your requirements free of charge and tailor a costs proposal accordingly.
Get in touch
If you would like to speak with a member of the team you can contact our employment law solicitors by email, by telephone on +44 (0)20 3826 7512 or complete our enquiry form below.
Related insights
The latest news and insights from our employment law team
12.11.2024
Game plan: how Russell-Cooke would advise Ted Lasso characters on sports law matters
18.10.2024
No further action from the FCA after Russell-Cooke represents former director in insider dealing case
17.10.2024
Russell-Cooke scoops 15 team and 54 individual rankings in Chambers UK 2025