Organizations may need to restructure their workforces for a number of reasons. These include mergers and acquisitions, post-merger integrations (PMI), cost-cutting initiatives, and reorganizations of group structure to improve, among other things, business performance, operations, and efficiencies.
When a multinational employer engages in a global corporate reorganization, the legal issues and processes are particularly complex. Laws differ substantially from one country to another, and a successful restructuring may require reviewing processes with employees, negotiating with works councils or unions, and notifying governing authorities. Balancing global compliance against the reality of business objectives and local operations while simultaneously ensuring seamless, coordinated, and on-track management of an entire process requires skillful handling and deep commercial understanding from experienced attorneys.
Ogletree’s Global Reorganizations Practice Group is a team of cross-border practitioners from our global offices who possess this unique skill set. We work with clients to maximize corporate benefit by delivering insight and guidance—both innovative and risk-mitigating—from the inception of projects to their conclusion and beyond.
We assist employers by providing commercially-savvy advice in several key areas:
Some key examples of projects we have managed include the following:
We work in tandem with company leadership, human resources personnel, and legal departments to offer pragmatic and innovative solutions for successfully navigating challenges arising in connection with PMI, reorganizations, and restructurings of multinational businesses.