“Good luck finding a buyer for your business there.”
Yep. I think all this will do is either encourage more bankruptcies of businesses, or alternatively, if new owners do buy businesses, they will simply lay off even more people after the 90 day period in order to make up for the increase in expenses during that time.
“if new owners do buy businesses, they will simply lay off even more people after the 90 day period in order to make up for the increase in expenses during that time.”
Or alternatively part of the MOU would include the seller must take the action of laying off the required workforce before the sale is effective.