The arrangement of employee placement and assessment of relevant costs are always involved in mergers and acquisitions. So it does in restructuring. Similarly, whether a company can handle downsizing legally and smoothly usually plays a pivotal role in the success of bankruptcy and liquidation. In addition, it is not rare that cases like relocation or close of business may trigger unwanted mass incidents.
Lawyers involving in these cases are expected to be knowledgeable not only about the respective laws and procedures of M&A, restructuring, bankruptcy, liquidation, relocation, and closure, etc., but also the evolution of labor policies, economic compensation of market practices, supervisory procedures of labor authorities, and even the mentality of different groups of people involved.
Puran is experienced in handling M&A, restructuring, bankruptcy, liquidation, relocation, and close of business, therefore can deploy its expertise and resources to facilitate smooth placement of employees.
