Employee Benefits Transaction Counsel

We advised a large physician network regarding the employee benefits and executive compensation aspects of its acquisition by a subsidiary of one of the largest health insurance companies in the country. The complex transaction involved regulatory scrutiny at federal and state levels and required adept handling of several unique challenges, given the client’s tax-exempt status. Our work included extensive legal analysis and documentation to support the preservation of certain executive compensation arrangements that continued beyond the closing of the transaction, after which the client ceased to be a tax-exempt organization. As is often the case in transactions we work on, the corporate work was handled by a major national law firm.