Nov 1, 2024
A worker is temporarily laid off if the employer temporarily suspends work and payment of wages if the conditions set out in the Employment Contracts Act are met, and the worker stops working, although the employment relationship remains in force. Suspension...
Nov 1, 2024
An employer may terminate an employment contract if the available work is substantially and permanently reduced for economic, production or restructuring reasons. A temporary reduction in work does not justify dismissal....
Nov 1, 2024
The dismissal of an employee is one of the most debated issues between employer and employee, and there are many aspects to it. For an employer, dismissing a difficult or incompetent employee may seem like a difficult but necessary decision to make in order to...
Oct 29, 2024
When it comes to valuing a business, there is no single ”right” price. A company is of different value to different buyers. Whether the potential buyer is a venture capitalist, a competitor, a new entrepreneur, a supplier to the company, a customer, a company's operating...
Oct 29, 2024
There are usually two main ways to dispose of a business, either by selling the shares in the company or by selling the business. However, there is no single right way to do a generation transfer or a business sale. Due to liability issues, it is common that if...
Oct 28, 2024
There are two ways to obtain an exclusive intellectual property right to a product mark under the Trademark Act: registration or registration. Establishment requires not only a high level of use, but also a high level of public awareness, in addition to which the...
