European Employment Law Update — January 2014: UK
Development: introduction of new employee shareholder status.
Impact: a new employment status was created whereby employers are able to offer between £2,000 and £50,000 worth of shares in their company in return for the employee agreeing to give up certain employment rights, including the right to a redundancy payment and the right to bring a claim for unfair dismissal in most circumstances. The shares can be sold by the employee without attracting capital gains tax…
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News from Addleshaw Goddard
News from The Lawyer
Briefings from Addleshaw Goddard
The Court of Appeal has overturned a High Court judge’s decision to add words to a non-compete restriction, which had originally offered the employer very little protection.
Relaxation of information and consultation requirements for micro-employers for transfers taking place on or after 31 July 2014
Regulation 13 of TUPE 2006 obliges employers to inform and consult with ‘appropriate representatives’ of the employees who are affected by the transfer.
Analysis from The Lawyer
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.