It often happens that during the course of a 2 or 4 year TSS visa, the sponsor undergoes a re-structure of some kind, whether as a result of a takeover, merger or acquisition. What action is required, and what impact the re-structure has on sponsored employees, depends on a couple of factors, which can be summarised as follows:
Please contact your Ajuria advisor with any query relating to business re-structures, as every situation needs to be carefully assessed and managed.
DISCLAIMER This information is current as ofand subject to change. The information contained in this publication is of a general nature only. It should not be used as legal advice. To the extent permissible by law, Ajuria Lawyers and its associated entities shall not be liable for any errors, omissions, defects or misrepresentations in the information or for any loss or damage suffered by persons who use or rely on such information. Liability limited by a scheme approved under Professional Standards Legislation.