Leveraged ESOP Transactions — I have been actively involved over the last decade in implementing leveraged ESOP transactions for privately held companies. This is a very specialized space for merger and acquisition work in the ERISA area that few practitioners venture into in the ERISA space. It requires skills and contacts not only in the law, but in the financing of these transactions and the fiduciary teams necessary to implement these transactions. Given my focus in this area, my practice is national as are my contacts in the financial industry.
Multiemployer Plan Withdrawal Liability Matters — I work regularly in this practice space. The issue of withdrawal liability from multiemployer plans often comes as a surprise to contributing employers to these plans. They are unaware of the consequences of a partial withdrawal from these union plans, and frequently do not understand what constitutes such a withdrawal. This area of the ERISA space is an area where many practitioners in my area do not practice. My practice in this area is a national practice dealing with Union plans throughout the United States.