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Home » HR practices » Professional development » Legal developments » National legislation » France: the Finnish company Aspocomp condemned to pay the social plan of its French subsidiary, placed in liquidation.
The Cour de Cassation, the highest French jurisdiction, gave a ruling, on June 19, , confirming the condemnation of the Finnish group Aspocomp, the parent company of Ascopomp's factory in Evreux Normandy , to replace its subsidiary so the commitments taken by the latter as part of a redundancy plan be respected.
In total, the Finnish company will have to pay 11 million euros in damages. The Finnish group Ascopomp making and selling printed circuits bought off, in , a factory of the Philips group, located in Evreux.
An agreement on accompanying measures was signed on January 18, , and the first employees were fired for economic reasons though a letter written on January Longer careers: a new state of affairs for companies. CSRD: social and environmental reporting market takes shape.
Paternity leave: data observations from 41 countries. France: the Finnish company Aspocomp condemned to pay the social plan of its French subsidiary, placed in liquidation The Cour de Cassation, the highest French jurisdiction, gave a ruling, on June 19, , confirming the condemnation of the Finnish group Aspocomp, the parent company of Ascopomp's factory in Evreux Normandy , to replace its subsidiary so the commitments taken by the latter as part of a redundancy plan be respected. Need more info?