Phil McKnight represents publicly- and privately-held companies, and not-for-profit organizations with respect to all aspects of executive compensation, employee benefits and ERISA matters. He has over 20 years of experience in representing and advising clients on the tax and design aspects of employee stock ownership plans (ESOPs), executive compensation and employee benefits arrangements; structuring and implementing all forms of qualified and nonqualified retirement plans, equity arrangements, welfare benefit plans, deferred compensation, severance and other executive programs; and representing executives and management teams in negotiating employment agreements, change in control agreements and incentive arrangements. Phil regularly advises firm clients relating to ERISA fiduciary matters, multi-employer withdrawal liability issues and complying with Internal Revenue Code Sections 162(m), 280G and 409A and has a proven track record of providing pragmatic and highly proficient legal advice and support.
Phil has worked alongside the firm's corporate finance and mergers & acquisition practice division in over 100 M&A transactions with respect to employee benefits due diligence matters and the compliance and structuring of pre-closing and post-closing benefits matters. He is Chair of the firm's Employee Benefits Division.
Frequent speaker on employee benefit and executive compensation topics. Recent presentations have focused on ERISA fiduciary duty issues, developments in executive compensation and retirement plan opportunities for nonprofit entities, Section 409A of the Internal Revenue Code, and due diligence in mergers and acquisitions. Recent presentations include: