IR Notes on EWCs and Due Diligence
The latest IR notes feature important news on Adecco's EWC case at the British CAC Court and the EP's resolution on corporate due diligence and corporate accountability.
CAC Court's verdict in favor of EWC consultation
The British CAC Court judged that redundancies in at least two countries of one company display a transnational issue, no matter who took the decision to do the downsizing. In an interview, Philip Sack, Director, EWC Legal Advisers explained how this is in line with the Directive and why the Court decision may still not give legal certainty to EWCs.
European Parliament's resolution on corporate due diligence and corporate accountability
On 10 March, the European Parliament passed a resolution on corporate due diligence and corporate accountability), reiterating many of the recommendations made in the report adopted by the Legal Affairs Committee in February of this year. Find more details in the link below.
Read the full IR NOTES 160.