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The Employment Law Pod

Welcome to The Employment Law Podcast by Boyes Turner. In this podcast series, each episode takes a deep dive into a different subject, covering all things related to employment law. Whether you're an CEO, stakeholder, HR, or just interested in understanding the legal intricacies of the workplace, this podcast is your go-to resource.

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The Employment Law Pod

Corporate acquisitions: due diligence when buying or selling a business

May 14, 2024 • Season 2 • Episode 4

Corporate Acquisitions: Employment Insights - Episode4

Natalie Wood, Associate Solicitor within the Employment team, is joined in this podcast episode by Katie Harris, a Senior Associate Solicitor in the Employment team. In this series, they cover the different elements of corporate support work they do as Employment lawyers.

In this episode, Natalie and Katie cover due diligence. Due diligence is typically one of the most important aspects when buying a business. In most cases, there is no legal obligation for the seller to declare defects or liabilities when selling. The responsibility is on the buyer to conduct their own investigation.

The due diligence is risk management and identifies areas of potential risk and liability, and it is down to our Employment solicitors to put in place measures where possible to mitigate, reduce or remove liability. This is often done through terms of sales, warranties, and indemnities.

Employment due diligence is extremely important, in this episode we cover the difference aspects to consider and why.

If you have any employment matters you would like to discuss, or would like further information on anything you have heard in this podcast episode, contact us on elg@boyesturner.com.

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