California Sale of Business is a Discharge

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Quick Summary
The sale of a business entails certain responsibilities on the part of the employer. California courts have held that a sale of the business constitutes a termination of the employment, which triggers all payments due to employees upon their discharge.

More Information is Available with a Premium Subscription

  • Analysis of California case requiring that severance money be paid when company sells a department to another business


  • Is a corporate stock sale an event that discharges its employees?


  • Is the sale of a sole proprietorship an event that discharges its employees?


  • Can a company protect itself from paying severance money if it sells all or part of its business?



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