The house of lords last week agreed to proposals allowing employees to be allowed to accept shares in their employer’s business in return for giving up employment rights. When the scheme becomes operative employers will have to pay for independent legal advice to be given to their employee even if the offer of shares is not taken up.
The advice must be obtained from a firm with no connection to the employer and the employee with have 7 days to decide whether to accept the offer or not.
Please contact Russell Brown in the employment team for more details or advice.Back
Mike is a partners at Glaisyers and specialises in all aspects of residential and commercial property, landlord and tenant matters and property development. Mike is well respected in his field of work and has a client base spanning Manchester, the North West and London.
Mike Charlesworth - Partner
To discuss how glaiysers can assist you contact Mike Charlesworth on [email protected] or via 0161 832 4666.