• An Oldie but a Goodie: Liability for COBRA Continuation Coverage in M&A Transactions
  • October 26, 2016 | Author: Jefferson A. Holt
  • Law Firm: Burr & Forman LLP - Atlanta Office
  • Regardless of the number of employees involved, M&A transactions raise a number of important business and legal issues centered on the employment relationship. For example, the parties must consider which, if any, of the seller's employees the buyer will retain or hire after the transaction closes. For those employees who do remain, buyers will also typically identify whether certain key employees require a contractual arrangement to vary the default at-will employment rules. The parties also are likely to negotiate the handling of accrued vacation days and sick leave as well as other important benefits issues.