Employee Benefits & Executive Compensation
In this highly technical area, our group is widely known for their inventive and practical approach to solving problems and resolving business issues. Our team provides advice in connection with high-profile, multi-billion dollar M&A transactions, public proxy statements, compensation arrangements and ERISA fiduciary matters for investment funds and plan fiduciaries.
Employee benefits partner Jean McLoughlin will co-chair the annual Forum on Executive Compensation, hosted virtually by Cambridge Forums.
COVID-19 Update: New York Federal Court Vacates Parts of Families First Coronavirus Response Act Regulation
The District Court for the Southern District of New York issued a decision (the “Decision”) vacating parts of a temporary rule (the “Rule”) implementing the emergency family leave and paid sick leave requirements of the Families First Coronavirus Response Act (the “FFCRA”).
Paul, Weiss is representing an ad hoc group of noteholders of LSC Communications in LSC’s stock-and-asset purchase agreement with an affiliate of Atlas Holdings LLC, a Connecticut-based private investment & equity firm.
Paul, Weiss is advising the Kraft Heinz Company in the $3.2 billion sale of its natural and cultured cheese businesses to Groupe Lactalis, a French multinational dairy products corporation.
Paul, Weiss advised Chatham Asset Management, LLC and its affiliated or managed funds in its approximately $325 million acquisition of substantially all of the assets of The McClatchy Company, a Sacramento-based publishing company that operates 29 daily newspapers in 14 states, through a cash and credit bid under section 363 of the U.S. Bankruptcy Code, in connection with The McClatchy Company’s chapter 11 cases.
Paul, Weiss is advising an affiliate of Roark Capital Group in its acquisition of the ServiceMaster Brands businesses of ServiceMaster Global Holdings, Inc., a leading provider of essential services to residential and commercial customers in the termite, pest control, health-based cleaning and restoration markets, for $1.553 billion.