On November 16, 2022, New Jersey Senate Bill No. 315 (S-315) went into effect, providing new employment protections to eligible employees of certain private healthcare entities that undergo a “change in control.” The law imposes various requirements, including advance notice, offers of continued employment to eligible employees and enhanced protection against termination for at least four months post-close. New Jersey healthcare employers and investors must comply with these laws to avoid employment claims and penalties.
Read the full article: New Jersey Healthcare Transactions Now Face Onerous Employment Requirements //
Source: https://www.jdsupra.com/legalnews/new-jersey-healthcare-transactions-now-2861748