View Full Version : asset purchase and work place agreements.

15-05-2013, 09:14 PM

Any assistance on this would be appreciated.

the company i am working for is looking at an asset purchase of a competitor. Our current workplace agreement was effective in 2008 and continues to role on. The competitor company has recently submitted their new workplace agreement to FW for approval and after my comparisons is on the outset, more favourable. If the asset purchase goes through does my company have to honour their new workplace agreement or will they be employed under ours? I am not finding alot of information on this without spending money on lawyers and would appreciate any further assistance.