EMPLOYEE BUYOUTS AND COMPANY RESCUES

  Good employee share ownership models exist for starting and for mature companies as well as for transmission. What about rescuing failing companies? Of course this is not the easiest way for employee share ownership. Everything goes better in a healthy business. However, you can save thousands jobs through employee buyouts and company rescues based on employee share ownership, and this is a great benefit for all.

  The so successful Spanish Sociedades Laborales model is now mostly used for startups. However it was originally shaped for rescuing failed companies when Spain was at its bottom in the sixties and seventies of the XXth Century. This was the first point of Anthony Jensen's Report in the UK on Insolvency, Employee Rights & Employee Buyouts, A Strategy for Restructuring

  Some good links:
       - Australia set up the Australian Employee Buyout Centre in 2009
       - UK: A governmental agency Businesslink.gov.uk explains how to achieve an employee buyout
       - Belgium: Employee-ownership.be is a dedicated platform
       - USA: The Ohio Employee Ownership Center is one of the best references in te world