In this podcast Merrill April (Partner, CM Murray LLP) and Louise O’Connor (Associate, CM Murray LLP) are joined by Matt Nixon (Partner, Stork & May) for a discussion of the key areas which need to be considered by senior executives when their company is proposing or implementing a restructure:
• Potential positive as well as negative impacts of company restructures. Is there any difference in those impacts as a result of the restructure being driven by or taking place during a pandemic?
• What can senior management do to ensure that staff communications continue to be productive and as efficient as possible for the business and employees when traditional modes of communication are curtailed during lockdown?
• What preparatory steps can senior executives take when they suspect a restructure may be on the horizon?
• What should senior executives bear in mind with the approach of the end of the furlough period? What can they do to get things in order ahead of any possible announcement regarding a company restructure?
If you would like to discuss any of these issues further, or for guidance on your specific rights, responsibilities and potential liabilities, please contact Partner Merrill April or Associate Louise O’Connor both of whom specialise in partnership and employment law issues for multi-national employers, senior executives, firms and partners.