We serve as benefits counsel to nonprofit healthcare system, Methodist Le Bonheur Healthcare, providing ongoing counsel with respect to its qualified, nonqualified, executive compensation, and health and welfare benefits plans.
Benefits Counsel to Nonprofit Healthcare System
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Represented Serco Inc. in its definitive Asset Purchase Agreement to acquire Alion Science & Technology Corporation’s Naval Systems Business Unit, including its Canadian business and a small number of related contract operations, for $225 million. The acquisition, subject to regulatory approvals, is expected to close in the second half of 2019. Serco Inc., a provider of professional, technology, and management services, will strengthen its presence in naval support with this acquisition, and will become a stronger integrated maritime solutions provider for the U.S Navy and other customers.
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Defended clients against roughly $26 million in ACA employer mandate penalties
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Represented a civil engineering company in establishing an ESOP, successfully acquiring 49% of the company in a leveraged transaction in the amount of $6.6 million