Milbank advises on executive compensation and employee benefits, particularly in corporate restructurings, bankruptcies, and M&A. The firm’s ECEB group is well-versed in structuring compensation arrangements in public company deals, private equity transactions, spin-offs, and IPOs. Manan Shah, based in New York, counsels boards and compensation committees on executive compensation matters, including employment, separation, and change-of-control agreements. He regularly advises on compensation structures in corporate restructurings and M&A. Also in New York, Joel Krasnow specializes in ERISA fiduciary rules and provides guidance on compensation and benefits issues in financial restructurings and mergers.