Corporate transactions can be challenging. Meredith Sesser works with employers to provide guidance and reduce risk during a merger or acquisition. She can ensure that all benefit plans are in compliance and do not impact the sale of a company. You can be confident if Meredith is involved that the benefits portion of the deal will be handled properly.
As part of her due diligence efforts, the following services can be provided:
- Assess the employer’s benefit plans for operational and technical compliance.
- Evaluate plan documentation for compliance with applicable laws.
- Review and revise the purchase agreement for ERISA and other benefits-related provisions and disclosures.
- Negotiate benefits-related deal terms.
- Advise regarding plan terminations and freezing of benefits, partial plan terminations, maintenance of ongoing plans and merger of plans.
- Explore alternatives for the buyer or seller associated with the existing retirement plans pre and post-closing.
- Assist with post-closing matters including amending plan provisions for benefit uniformity, documentation to comply with the purchase agreement and employee communications.
- Provide ERISA transaction support for merger & acquisition attorneys or accountants.
- Representation of corporations in the sale of overfunded Defined Benefit Pension Plans.
