Media coverage
Vacation pay liabilities in Canadian M&A: Andrew Bratt and Sara Josselyn discuss in Business Law Today
In a recent article for Business Law Today, Gowling WLG partners Andrew Bratt and Sara Josselyn shed light on the hidden risks associated with unpaid vacation pay on incentive compensation in Canadian M&A transactions. The article discusses how overlooked vacation pay liabilities can create significant post-closing issues for buyers.
“The issue of unpaid vacation pay on incentive compensation is an often-overlooked risk in Canadian M&A,” they explain. “A buyer can be on the hook for significant post-closing liabilities if the target has been historically non-compliant.”
To read the full article, click the link below:
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