We successfully forced terminated national insurance company investment advisor to drop entire $1.6 million market value adjusted claim for a major East Tennessee municipality based on the analysis of IRS rules and state law applicable to Tennessee public sector pension plans.
Successful Defense of Municipality in Insurance Claim
Client Type: Public Company
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We have successfully defended our clients against roughly $26 million in ACA employer mandate penalties, which relate to the ACA mandate that requires employers with 50 or more full-time employees to offer minimum essential health coverage to those employees (and their children up to age 26) or be subject to penalties.
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We represented a civil engineering company in establishing an Employee Stock Ownership Plan (ESOP) and successfully acquiring 49% of the company in a leveraged transaction in the amount of $6.6 million.
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We represented a recycling corporation in the establishment of an Employee Stock Ownership Plan (ESOP) used to acquire 100% of the company in a leveraged transaction in the amount of $51.5 million.