Mergers, Acquisitions, and Downsizing
It might be the end of the line for one company or for a group of workers, but your legal work is just beginning. You want a team of lawyers ready to navigate you through these difficult and often complex decisions.
The Fisher Phillips Mergers, Acquisitions, and Downsizing Practice Group knows that there are many labor, employment, and employee benefits law issues that arise in mergers, acquisitions, and downsizings. Our attorneys provide you with a clear path towards legal compliance every step along the way.
Mergers and Acquisitions
We advise both buyers and sellers on issues such as severance compensation, multiemployer pension plan withdrawal liability, health plan and other benefit plan termination issues, development of criteria for the buyer to use in determining which employees to hire, union bargaining and representational rights, successorship issues, and decision and effects bargaining. We also assist you in the labor, employment, and workers’ compensation aspects of the due diligence process when you are involved in a merger or acquisition.
If you are engaged in downsizing or “right-sizing” your operations, we can advise you on issues such as compliance with the Worker Adjustment and Retraining Notification Act (WARN) and similar state statutes, avoidance of discrimination claims, severance pay, Consolidated Omnibus Budget Reconciliation Act (COBRA) issues, and compliance with the Older Workers Benefits Protection Act (OWBPA).
Defense of Legal Actions
If your merger, acquisition, or downsizing activities lead to litigation or threatened litigation, we can be there to assist you. Our team of seasoned trial attorneys is experienced in handling lawsuits and claims emanating from these actions, and can provide you the highest quality representation in front of a court or administrative agency.
Areas Of Concentration
- Layoffs and Plant Closings
- Reductions in Force
- Severance Agreements
- Worker Adjustment and Retraining Notification Act