Proskauer Benefits Brief: Legal Insight on Employee Benefits & Executive Compensation
Episode 16: Nuts and Bolts on a Management Buyout (Part 7 of 7)

Episode 16: Nuts and Bolts on a Management Buyout (Part 7 of 7)

October 22, 2018

In the final episode of a seven-part series for The Proskauer Benefits Brief, partners Michael Album and Josh Miller talk about employment agreements in the context of a management buyout. They go over the key terms and issues that management should focus on when reviewing and negotiating their go-forward employment arrangements, compensation structure, severance protection and restrictive covenants with the buyer following the sale. Tune in and listen for the latest insights on management buyouts.

Episode 15: Nuts and Bolts on a Management Buyout (Part 6 of 7)

Episode 15: Nuts and Bolts on a Management Buyout (Part 6 of 7)

October 22, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller discuss the incentive equity package that management will be offered in the buyout, including the structure of the incentive pool, vesting, and favorable tax treatment of incentive grants. Tune in and listen for the latest insights and perspective on management buyouts in this sixth of a seven part series.

Episode 14: Nuts and Bolts on a Management Buyout (Part 5 of 7)

Episode 14: Nuts and Bolts on a Management Buyout (Part 5 of 7)

October 22, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller are back to continue their discussion of the rights that management gets when it “rolls” old equity into new equity in the buyout vehicle and then introduce incentive equity awards for management. Be sure to tune in and listen for the latest on management buyouts in this fifth of a seven part series.

Episode 13: Nuts and Bolts on a Management Buyout (Part 4 of 7)

Episode 13: Nuts and Bolts on a Management Buyout (Part 4 of 7)

October 22, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller return to discuss how management can use a “template” to have a bidder identify the way compensation issues will be addressed in an MBO.  They also discuss the “rollover” by management of their equity in an MBO. Be sure to tune in and listen for the latest insights and perspective on management buyouts in this fourth of a seven part series.

Episode 12: Nuts and Bolts on a Management Buyout (Part 3 of 7)

Episode 12: Nuts and Bolts on a Management Buyout (Part 3 of 7)

October 5, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller return to discuss the nuts and bolts of a management buyout, and in particular, how management deals with the selling sponsor and the bidder, and starts to develop their own compensation packages post-closing and consider deal bonuses from the selling sponsor. Be sure to tune in and listen for the latest insights and perspective on management buyouts in this third of a seven part series.

Episode 11: Nuts and Bolts on a Management Buyout (Part 2 of 7)

Episode 11: Nuts and Bolts on a Management Buyout (Part 2 of 7)

October 5, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller return to discuss the nuts and bolts of a management buyout. As part of their discussion they highlight the different types of transactions (single bidder vs. multi-bidder) and the various tasks that management faces in handling the process and as a first step inventorying their own compensation arrangements. Be sure to tune in and listen for the latest insights and perspective on management buyouts in this second of a seven part series.

Episode 10: Nuts and Bolts on a Management Buyout (Part 1 of 7)

Episode 10: Nuts and Bolts on a Management Buyout (Part 1 of 7)

October 5, 2018

In this episode of The Proskauer Benefits Brief, partners Michael Album and Josh Miller discuss the nuts and bolts of a management buyout, and in particular, the issues and strategies that management needs to know. They examine the structure of a management buyout and discuss in detail the process behind the buy-out and how it unfolds for management. Be sure to tune in and listen for the latest insights and perspective on management buyouts in this first of a seven part series.