Milbank‘s New York-based executive compensation and employee benefits practice helps clients through complex corporate transactions and restructurings, from public company M&A and spin-offs to IPOs and private equity deals, while navigating the connected tax, regulatory, and governance frameworks. Manan Shah and Joel Krasnow co-head the practice, with Shah managing a wide spectrum of executive compensation and employee benefits, with particular strength in transactional contexts. Kelly Bartley is a key name to note for design and implementation of compensation and benefit programs, such as employment agreements, change-in-control arrangements, and cash- and equity-based incentive plans.
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Key clients

  • United States Steel Corporation (“U. S. Steel”)
  • H&E Equipment Services, Inc.
  • AMSURG
  • Blackstone Credit & Insurance (“BXCI”)
  • Intralot S.A.
  • AustralianSuper
  • GOL Linhas Aéreas Inteligentes S.A.
  • Saavi Energía S.à r.l.
  • Edgio, Inc.
  • One Equity Partners (“OEP”)
  • United States Steel Corporation (“U. S. Steel”)
  • H&E Equipment Services, Inc.

Work highlights

Advised United States Steel Corporation on executive compensation and employee benefits matters on its historic partnership with Nippon Steel Corporation and completed the $14.9 billion transaction contemplated by their merger agreement.
Advised the five co-owners of Colonial Enterprises on executive compensation and employee benefits matters, in connection with the recently completed sale of 100% of their shares in Colonial Enterprises, which holds the Colonial Pipeline, to Brookfield Infrastructure Partners L.P. and its institutional partners.
Advised H&E Equipment Services, Inc. on executive compensation and employee benefits matters in connection with its previously announced acquisition by Herc Holdings Inc.
Practice head

Manan Shah; Joel Krasnow

Other key lawyers

Kelly Bartley