Lido Advisors – Key Strategic Partnership
Represented Lido Advisors ("Lido"), a nationally recognized wealth advisory firm, in its entrance into a key strategic partnership with Charlesbank Capital Partners ("Charlesbank"), a middle market private investment firm. Through the partnership, Charlesbank will become a significant investor in Lido alongside the founders and management team.
“We couldn’t be more excited to partner with Charlesbank at this pivotal time for Lido and, more importantly, for our clients,” said Jason Ozur, Lido’s Chief Executive Officer. “With Charlesbank at our side, our unparalleled investment and wealth planning solutions will continue to expand, both in breadth and scope, all to the benefit of our clients.”
Founded in 1999 and headquartered in Los Angeles, Lido is a full-service, independent Registered Investment Advisor (“RIA”) that brings an innovative family office investment approach to grow and safeguard its clients’ wealth and legacies. Lido’s clients include high-net-worth and ultra-high-net-worth individuals, family offices, corporate executives, non-profit organizations and foundations.
Resources
Not For Profit Association – Compensation Plan
Represented a major sports franchise operator in connection with establishing a deferred compensation plan.
Not For Profit Association – Executive Transition
Represented major sports league in connection with all employment and personnel issues.
Real Estate Investment Advisor – Incentive Equity Option Plan
Represented a prominent, privately owned real estate investment advisor in establishing an incentive equity option plan.
Investment Advisor/Property Management Co. – Regulatory Advice
Represented a real estate investment advisory and property management company in the re-evaluation of regulatory compliance mechanisms to accommodate investment advisory clients subject to ERISA.
Senior Executive – Compensation Arrangements
Represented a senior-level executive at a well established private equity firm in establishing compensation arrangements.
Investment Advisory and Property Mgmt Co. – Formation of Conduit Limited Liability Company
Represented a real estate investment advisory and property management company in the formation of a conduit limited liability company to facilitate distribution of carried interest from investment fund to employees of investment manager pursuant to an employee incentive compensation plan.
Yankee Global Enterprises – Compensation Plans
Represented Yankee Global Enterprises in the establishment of executive compensation plans.
Garment Contractors – ERISA Pre-Emption Litigation
Representation of a group of garment contractors in a successful challenge on ERISA pre-emption grounds to a section of New York State Business Corporation Law.
Small Bone Innovations – Counsel on Employment Matters
Represent Small Bone Innovations in all aspects of its employment disputes, risk management, restrictive covenant analysis, and the drafting and negotiation of executive contracts and severance agreements.
Offshore Insurer – ERISA Stop-Loss Insurance
Advice to an insurer on providing stop loss insurance to large employers which provide group health insurance coverage to their retirees under self-funded welfare benefit arrangement plans (Section 419E plans under ERISA).
Private Equity Client – Executive Retention Program
Represented a private equity client in developing an executive retention program for one of its portfolio companies that was designed to create incentives for executives to remain with the portfolio company while the company was pursuing options for reorganizing the company, including a possible sale of the company.
Global Insurance Company – Counsel on Employment Matters
Represent a global insurance company in all aspects of employment matters including the analysis of restrictive covenants, contracts, executive compensation and exit incentive plans.
Worldwide Leader of Intent – Based Solutions
Representation of company in employment litigation including defending an action commenced by a former employee alleging religious discrimination, and all aspects of employment matters including severance, contracts, and exit incentive plans.
Real Estate Advisory – Employee Stock Incentive Plan
Represented a real estate investment advisory and property management company in the restructuring of its employee stock incentive plan.
Major League Sports Franchise – Executive Compensation Plans
Represented a major league sports franchise in the establishment of restricted stock unit and stock option plans for executives.
