Business Acquisitions in the EU: Key HR Legal Considerations
Abstract
For a U.S. based Company, acquiring a business abroad is like taking a trip to the mythical Land of Oz. The one critical thing US counsel has to remember at all times is that when acquiring a Company abroad you cannot simply apply U.S. rules and law. You have to consider the local rules, laws and customs. Additionally, it is important to have good travel companions on your journey, in particularly the advice and direction of the Scarecrow (knowledgeable and trusted local counsel), the Lion (a fearless business leader with plenty of courage), and the Tin Man (an HR Manager with heart).
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