Wells Miller

Mar 12, 2024 | lexology.com | Sergio A. Urias |Amy Wollensack |Anna K. Abram |Shariff Barakat |Jesse Betts |Laura Black | +20 more

The year 2023 will be remembered as a challenging year for private equity, with complexities to navigate on many fronts. Traditional debt financing was expensive and scarce, expectations on valuations were tricky to navigate, portfolio companies required additional attention, fundraising was not easy and regulators continued to scale up their scrutiny of the industry and its transactions.

Feb 29, 2024 | mondaq.com | Wells Miller |Amy Wollensack |Sergio A. Urias

There are a variety of options; and which might work depends upon the circumstances. There are a number of issues to consider, such as the level of consent required to make changes to the structure. There are likely significant tax implications to consider for many routes. The solutions that might work in one jurisdiction do not necessarily work in another jurisdiction. For example, in the US it is often easier to restructure an underwater MIP.

Mar 17, 2023 | jdsupra.com | Peter Altman |Charles Connolly |Wells Miller

Key Points The DOJ recently announced several policy updates tethering resolution of criminal investigations to a company’s compensation and bonus programs. These updates include executive compensation focused revisions to the DOJ’s ECCP memorandum, which details the factors prosecutors should consider during criminal investigations of a company, when determining whether to bring charges and when negotiating plea or other agreements.