Add Comment Question: I was employed at a company a little over a year ago and let go with just what was owed by the the employment standards act. I have found out that the company has been sold and the new owners take over next week. That being said can I still get proper severance from the original corporation or since they close next week am I out of luck? Answer: If you were provided with only your minimum entitlements under the Ontario Employment Standards Act, 2000, you are likely entitled to a much greater severance package under the common law. Which company owes you this money will depend on the specific details surrounding the sale of your former company. Accordingly, you should contact our firm so that we can learn more about your situation and determine how we can best assist you. Your Comment * Your Email * Your Name * Your City Note, your name, city and email is not displayed on the website. It is used to notify you that we have approved your comment.