I'm in my first week of DD after signing an LOI, the company is based in the UK and has 5 full-time employee's and 4 subcontractors.
There are no employment contracts, all have been working with the company for 4-20 years. How big an issue is this?
I plan on putting a condition of closure clause in that all must sign contracts.
Any insights are much appreciated. Thank you
Post-LOI DD - no employment contracts for 5 (all) employees
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