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What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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Canada | Publication | March 13, 2020 7:20 PM ET
A few hours ago, we published a Legal update answering the questions most frequently asked by employers in Québec.
Since then, the situation has been evolving at a brisk pace. The closing of both public and private establishments has multiplied, reminding us of the importance of having a structured business continuity plan in place. But what can be done when a business interruption, even a temporary one, must be considered?
This situation may unfortunately become a reality for some organizations, which may have to, for instance, deploy medical prevention measures or find that they are unable to stay open due to a high absenteeism rate.
Due to this exceptional situation, we believe that employers may be able to temporarily lay off employees without pay under the circumstances.
In such a scenario, the following elements should be taken into consideration:
Obviously, such a decision will not be without consequences for employees and businesses alike, which is why we would like to make a few recommendations should such a course of action become necessary:
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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