Dismissal due to financial reasons in Denmark
Terms of employment The first step in a dismissal situation is to clarify the terms of employment. Your employee may qualify as a salaried employee
26 May 2026
Terms of employment The first step in a dismissal situation is to clarify the terms of employment. Your employee may qualify as a salaried employee
1. When can you dismiss staff as part of a reorganization? If your business is facing financial difficulties or other challenges, sometimes a reorganization is
1. When can you dismiss employees as part of a reorganization? If the German Unfair Dismissal Protection Act (KSchG) applies, the employer must clearly demonstrate
Economic reasons for dismissal In Finland, economic reasons for dismissal (redundancy due to financial or production-related grounds) are regulated under the Employment Contracts Act (Työsopimuslaki).
When can you dismiss staff as part of a reorganization? Employee dismissal is allowed for economic reasons, such as: Deteriorating financial performance (e.g., losses or
Identify the economic reason for dismissal Dismissal on economic grounds must be based on real and objective business needs. According to Article 57 of the
When can you dismiss staff as part of a reorganization? If your business is experiencing financial strain or other serious challenges, reorganization might be the
The essence of claim limitation Limitation of claims is a civil law institution that grants a debtor the right to refuse to fulfill a financial
1 Kündigungsschutzgesetz (in the following KSchG) = Dismissal Protection Act The KSchG applies if a) the employment relationship has existed in the same company for
Turkish Citizenship by Investment Turkey’s Citizenship by Investment (Turkish CBI) program provides a streamlined path for foreign nationals to gain Turkish citizenship through financial investments.
Statute of limitation means that a legal claim is no longer enforceable in court after a certain period of time has elapsed. Dutch law is
We will try to answer these questions by relating to a case that has come to our attention sometime at the end of 2019. In
Background The withdrawal of the UK from the EU presents a different future with uncertainty about the legal relationships with the UK. During the transition
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The German jurisdiction about the liability of owners of trucks and owners of trailers has effect on other European jurisdiction. Distance freight transport is mainly
Rachael Kitchman, Solicitor at Graham & Rosen, looks at the best way to resolve a boundary dispute. Do you get on with your neighbour –
Regulation (EU) 2016/679 on the protection of personal data shall enter into force in all EU states, therefore also in Romania starting with the 25th
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Information about bankruptcies can be found in the Central Insolvency Register (http://insolventies.rechtspraak.nl/). If the bankrupt is a company, bankruptcy reports will be published and are
When a debtor fails to pay invoices, or commits an act on the bases of which damages can be claimed, creditors in the Netherlands are
As of 1 December 1998, the Dutch Bankruptcy Act contains a debt rescheduling scheme for natural persons. Section 284 of the Dutch Bankruptcy Act provides
In case of a suspension of payments a debtor is given temporary relief against its creditors. The objective of the proceeding is to provide an
In case of limited liability companies, shareholders may assign their shares. This assignment procedure may be performed by a Romanian lawyer. A consequence of such
I have always a problem with that question. I would like to give a sure and firm answer that Polish jurisprudence is pro carriers or
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Starting from the 1st of May 2010, Regulation (CEE) no. 1408/71 and 574/72 had been replaced with Regulation (CE) no. 883/2004 of the European Parliament
The most common type of legal entity in Finland used by businesses is the limited liability company (“Osakeyhtiö” in Finnish, abbreviation “Oy”). The act that
In accordance with Romanian law, the Civil Code respectively, any contract can be modified if the parties agree so. In the contract, the parties establish
Individuals willing to work inside the EU, EEA or Switzerland as employees or independent contractors (self employed, sole proprietorship or family proprietorship owners) and who
Judgments on child custody and the visit program are made according to Regulation 2201/2003 on jurisdiction, recognition and enforcement of judgments in family matters and
Mediation in finding and entering employment out of Romanian borders between Romanian citizens and their employers is strictly regulated by the current legislation. Thus, mediation
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