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by pvg
4015 days ago
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an acquisition does not normally require existing employees to sign new contracts I'm not sure why you think that is true. So this is a non-negotiable reduction in the legal position of the employees at best. This is an extraordinary statement that requires the requisite evidence. I don't think it matches US law or precedent, it simply seeks to formalize it, while giving the other party a full and fair negotiating position. Every single case I can think of where employer and employee/buyer got into such a spat are the ones where such agreements were not in place. Can you think of a counterexample? |
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