Concentrating on corporate law, financial and real estate transactions, and litigation, Clark Hill Thorp Reed attorneys deliver expertise in multiple practice areas and industries. Our reputation is grounded in the highest ethical standards and strongest commitment to client service. In a world of increasing complexity, Clark Hill Thorp Reed provides confident and sure counsel. Our multidisciplinary approach means working hard and working smart on our clients’ behalf to provide innovative and cost-effective solutions to legal problems.
With both the breadth and depth of experience to assist clients of all sizes with the full range of employee benefit and executive compensation matters, Clark Hill Thorp Reed’s Employee Benefits and Executive Compensation attorneys provide clients with practical solutions to complex employee benefit and executive compensation issues.
Our practice group members assist clients to understand the complex statutes and regulations governing the adoption, amendment, and, if necessary, termination of employee benefit plans, and routinely represent plan sponsors and plan administrators before the Internal Revenue Service (IRS), the Department of Labor (DOL), and the Pension Benefit Guaranty Corporation (PBGC).
Our employee benefits attorneys have extensive experience providing comprehensive employee benefit due diligence support for companies involved in acquisitions and divestitures as well as financing and re-financing transactions, and, in this role, identify potential problem areas and suggest appropriate terms and conditions that will best protect the client’s interests.
Our lawyers work with the administrators of ERISA plans to establish benefit claim procedures that comply with the standards imposed by law which will ensure that, if challenged in court, the decision rendered under the administrative claims procedure will be afforded the highest deference under the law.
Our benefits lawyers help plan fiduciaries establish best practices related to the selection of plan service providers, such as investment advisors and investment managers, and provide fiduciaries with guidance on the importance of documenting procedural and substantive due diligence.
Our practice group members assist clients with the design and administration of tax-qualified, health and welfare, non-qualified and equity-based plans, and provide advice related to the taxation of all forms of compensation payable to employees and independent contractors.
The attorneys who work in Clark Hill Thorp Reed’s Employee Benefits and Executive Compensation practice group understand the dynamic nature of this area of the law and keep abreast of changes in the law (such as health care reform) and the issuance of formal and informal guidance by the various agencies with the responsibility for regulating employee benefits and executive compensation.
Category Practice Areas
- Department of Labor and IRS Correction Programs
- Benefit Claims and ERISA Litigation
- Welfare Benefit Plans (Self-Insured, Insured and Funded - VEBAs)
- Group Health Care Benefits (i.e., COBRA, HIPAA, GINA)
- Multiemployer Plans and Withdrawal Liability
- Equity and Equity Based Compensation Arrangements
- ERISA Fiduciary Liability and Plan Governance
- Prohibited Transactions and Exemptions
- Independent Contractors and other Contingent Employees