French Law on Social and Solidarity Economy: The Employees Are Empowered!

September 03, 2014

The French Parliament recently enacted the law of July 31, 2014, which empowers employees to play a role before businesses embark on certain projects – similar to a works council consultation. The law includes three noteworthy components:

  1. Employees' right to general information related to the purchase of a business
  2. Employers' obligation to inform employees of intent to sell
  3. Expanded provisions of the Florange law on purchase of viable sites

Businesses must be careful to meet all obligations, not only vis-à-vis the employee representative bodies but also vis-à-vis the employees.

Read "French Law on Social and Solidarity Economy: The Employees Are Empowered!"

(To read the French version of this OnPoint, please click here)