Legal due diligence of alternative investments by large pension plan as part of restructuring of its investment portfolio.
Representation of a privately-held company and its shareholders as to employee benefits matters in connection with sale to publicly-traded corporation, including change-in-control agreements, avoidance of golden parachutes and development of employee recognition fund to share sales proceeds with employees.
Representation of a pension fund administrator in connection with application to Department of Labor for prohibited transaction exemption under expedited procedure, to permit in-kind redemption of mutual funds managed by affiliate of administrator.
Representation of a municipality in connection with obtaining initial favorable determination letters from Internal Revenue Service for pension plans in existence for many years.
Creation of a group trust to enable pension plan to avoid potential unrelated business income tax on distributions from investment in real estate fund.
Representation of a liquidating trustee in connection with termination of seven Section 401(k) plans of affiliated bankrupt debtors.
Creation of and obtaining income tax exemption for a trust organized as voluntary employee beneficiary association to provide death benefits to members of union.
Representation of purchaser of hotel in major metropolitan area as to employee benefits and related employment-law matters.
Establishment of qualified separate lines of business to satisfy minimum coverage requirements for qualified retirement plans sponsored by U.S. subsidiaries of foreign parent corporation.
Representation of university in connection with creation of “rabbi trust” for nonqualified deferred compensation arrangement for its president.