Abstract
<titre traitementparticulier="non">Abstract</titre> In the British institutional environment, which is clearly favorable to stockholder interests, the acquisition of Rover by a consortium of former wage earners owes much to the juridical work of trade unions. The threat of damage suits and substantial settlements to be paid to workers and their representatives for absence of consultation during the crucial period discouraged investors who wished to dismantle the company. In contrast, the project of maintaining operations allowed the company to benefit from a new source of capital. Today, however, there is a danger of the reassertion of a classic form of stockholder action in the form of business liquidation. In this context, it appears that the European model of informating and consultating salaried workers can nevertheless change the relations between stockholders and workers in British companies.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.