Before I came to Canada I was working for a company in Scotland that went into receivership. Under EU law the receivers were 100% liable for any severance pay for any laid-off employees. This EU law is called something like Transfer of Undertakings. But it means that employees' wages, conditions, vacations, severance, etc, are protected and guaranteed when a company is sold, or even if the company goes into receivership (in which case the receiver's take-on the liabilities).

This is another example of how EU labour laws are superior to anything in N America. I pity the British people after Brexit. Most of the progressive EU labour laws will be repealed.

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