Press Release: Judgment in Case C-126/16. Federatie Nederlandse Vakvereniging and Others v Smallsteps BV

Author (Corporate)
Series Title
Series Details No.70, 2017 (22.06.17)
Publication Date 22/06/2017
Content Type

Employees’ rights in the event of transfers of undertakings may be maintained where a ‘pre-pack’ is put into effect following insolvency.

A declaration of insolvency in the context of a ‘pre-pack’, which is aimed at preparing the transfer of an undertaking in order to enable a swift relaunch of the undertaking’s viable units once the insolvency has been declared, may not satisfy all the conditions required by EU law.

Source Link Link to Main Source https://curia.europa.eu/jcms/upload/docs/application/pdf/2017-06/cp170070en.pdf
Subject Categories ,
Countries / Regions ,