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Labor and Employment Issues in Transactions
Labor and Employment Issues in Transactions
We Can Help You Manage Risk and Strengthen Your Business Successfully launching, buying, and selling businesses require getting it right the first time. That is especially true of employee issues that accompany complex transactions.
Vinson & Elkins’ Employment, Labor and OSHA lawyers can help you minimize those risks. In fact, early attention to union and executive contracts, pension, health and safety issues, workforce reductions, non-compete covenants, salaries, benefits, and other potential minefields cannot be overstressed.
While we are skilled litigators, our goal is to identify and avoid issues up front to keep you out of court.
We Hit the Ground Running We understand the interplay between U.S. and foreign labor laws, which is why domestic and multinational clients have sought our advice on hundreds of deals – from mergers and acquisitions, to joint ventures, divestitures, asset purchases, and other transactions.
Working side-by-side with V&E transactional lawyers and each client, we hit the ground running, combining original thought with extensive cross-industry and cross-border experience. The result gives you a cost-efficient, one-stop shop, with a vigorous commitment to results.
Our industry experience includes depth in every aspect of the energy business, along with health care, biotechnology and pharmaceuticals, construction, technology, engineering, forest products, transportation, manufacturing, financial services, retail, media and entertainment, food processing, real estate, telecommunications, and others. We Have Probably Handled That Issue Before Whether the need is for a comprehensive labor-relations strategy, or foreign-investor compliance with U.S. law, it is likely V&E has been there before.
Due diligence provides facts we need to identify and limit liability from existing labor and employment contracts, outstanding litigation, health and safety records, employment practices, immigration issues, wage and hour disputes, discrimination exposure, and other risks.
We routinely counsel on collective bargaining and successorship obligations under the National Labor Relations Act, and on how change will affect various employment agreements, hiring practices for the newly-formed entity, visa requirements, employee retention, terminations, mass layoffs, plant closings, and other sensitive matters.
V&E is also adept at helping clients negotiate and draft new labor contracts with inherited unions. Our experience extends to drafting notices required by the Worker Adjustment and Retraining Notification Act (WARN), offer letters, employment agreements and noncompetition, nonsolicitation and confidentiality covenants, separation agreements, and secondment and transition agreements, letting sellers temporarily loan employees to purchasers.
Setting the Standard for Labor and Employment Law All this experience may help explain why the Practical Law Company (PLC) selected V&E Labor and Employment lawyers to participate as one of their select panel law firms providing online content for their in-house-counsel subscribers. Highly regarded in Europe and the UK, PLC will soon provide the same high-level market intelligence and transaction analysis to business lawyers – and leaders – in the U.S.
Prior results do not guarantee a similar outcome.
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