GDL

Undergraduate Theses from gdlhub / 2017-08-14 11:56:36
Oleh : John Armour, Simon Deakin, STIKOM Dinamika Bangsa Jambi (j.armour@cbr.cam.ac.uk (J. Armour), s.deakin@cbr.cam.ac.uk (S. Deakin).)
Dibuat : 2010-08-25, dengan 1 file

Keyword : Insolvency, employment, protection,Acquired, Rights, Directive

The statutory protection provided by European Community law to employees during transfers of


undertakings and other restructurings has been criticised on the grounds that it undermines insol-


vency procedures and interferes with the ‘rescue’ process.We present an analysis which suggests that


granting employees rights of this kind may be an efficient means of recognising their firm-specific


human capital. Case-study evidence is then presented to show that while in some situations employ-


ment rights may obstruct reorganisations, in others they allow employee interests to be factored into


the bargaining process in such a way as to enhance the survival chances of enterprises undergoing


restructuring. The law functions best when effective mechanisms of employee representation are in


place and when the conditions under which employees’ acquired rights can be waived in the interests

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