Sonnenschein Nath & Rosenthal LLP

Contact:
Pamela Baker, chair
888.858.6429
312.876.8989
Martin J. Moderson,
vice chair
888.858.6429
816.460.2617


Overview

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Businesses need to provide creative and cost-effective compensation and benefits to their employees, yet they face laws and regulations growing constantly in number and complexity. The attorneys in Sonnenschein's Employee Benefits & Executive Compensation practice are the premier guides to steer employers (and executives) through this regime to achieve their business objectives. Our team delivers comprehensive counseling, transactional, business, and litigation guidance to clients ranging from individuals and start-ups, through private companies, tax-exempt hospitals and universities, to multi-billion dollar public companies.

Many firms have one resident ERISA expert. In contrast, Sonnenschein has many partners and associates who concentrate their practice in this complex and constantly evolving area of law. Our experience covers all facets of ERISA law in all their details.

Our practice boasts nationally recognized lawyers who are innovative leaders in developing employee benefits and executive compensation strategies and techniques. Our breadth of knowledge and depth of insight into the legal, business, accounting, economic and social dimensions of benefit planning and executive compensation are unequaled.



Spotlight on EB&EC
Congress Passes New Limits on Executive Compensation Paid by Troubled Financial Institutions
The terms of the Emergency Economic Stabilization Act, approved by Congress on October 3, 2008, imposes new limitations on the amount and type of compensation that may be paid by distressed financial institutions to its senior executives.  The Act applies only to those financial institutions that sell troubled assets to the Federal government under the terms of the Act.  The nature and extent of the executive compensation restrictions largely depend on whether the government acquires the troubled assets from the financial institution through an auction purchase or through a direct purchase not involving an auction process.
Click here to read this e-Alert.
Core Competencies
For more details about our Employee Benefits & Executive Compensation Practice, click on "Core Competencies" in the left menu near the top of this page.