Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

CJEU pre-packs employment ruling met with warning

By Dominic Lawson

21 May 2019

CJEU pre-packs employment ruling met with warning The Court of Justice of the European Union, Luxembourg / iStock.com/fuchs-photography

A European court has ruled that pre-packaged sales are not exempt from EU restrictions on employee redundancies, with one practitioner warning the ruling may stifle restructurings.