Employee Compensation Considerations for M&A Transactions During and After a Pandemic

Partner Joe Penko, counsel Shalom Huber and associate Taylor Ball wrote a Bloomberg Law article identifying expanded and pandemic-related diligence items, post-signing allowances and post-closing provisions for M&A transactions. They examine how companies' troubleshooting of COVID-19 conditions and compliance with related relief restrictions regarding hiring freezes, furloughs, compensation alterations, incentive modifications, payment deferrals, payroll tax and CARES Act loans introduce new potential liabilities and integration factors for parties to consider.