Criteria for assessing transfer of undertaking - Dodic v Banka Koper and Alta Invest (C-194/18) [ECJ] 08.05.19 (Unreported)
Reference for a preliminary ruling — Social policy — Transfers of undertakings — Directive 2001/23/EC — Article 1(1) — Scope — Criteria for assessment of the transfer — Transfer of clients — Transfer of all the financial services of a bank, excluding staff, to a stock brokering company. HELD that there may have been a transfer of an undertaking under the Acquired Rights Directive where a Slovenian bank ceased its investment operations and its activities as a stock exchange intermediary, and gave its clients the option to transfer their investment accounts to another intermediary.Link to judgment
Category: Employment » Transfer of undertakings; EC Law. Area(s) of law: Employment; Corporate and Commercial Law.