contemporary
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Surely his solicitor can advise?
did they pay the full buyout price on acquiring the company or are they paying in tranches?
I was on a fixed term 3 year contract which had a 4 weeks notice period. I gave 4 weeks notice and walked.
What are the notice period terms of your friends contract?
2 years fixed with 4 weeks notice
Then assuming he's got his full asking price for the business, and no longer has to keep his new employers sweet, then he can give his 4 weeks notice, and walk.
I wouldn't know where he'd stand though with unpaid wages.
He's about 15 months into the 2 year fixed contract though
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