EU: Corporate Restructuring To Become More Complex

Law360, New York (February 25, 2008, 12:00 AM EST) -- On Feb. 20, the European Commission finally published its long-awaited consultation paper on the revision of the European Works Council Directive (EWCD). The Commission has now formally invited the European social partners – BusinessEurope for the employers, the European Trade Union Confederation (ETUC) for the trade unions - to submit their opinion on the Commission’s proposals within the next six weeks.

Alternatively, the employers and the unions can agree to negotiate an agreement to update the Directive. Upon agreement, they would then request the European Commission...
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