October 2018
Heather Abrigo Publishes Article for 401(k) Advisor on Mergers and Acquisitions
News
Los Angeles partner Heather Abrigo authored a Q&A article for 401(k) Advisor titled “Mergers and Acquisitions: A Tale of Caution for Advisors.” Heather discusses the potential dangers of merging the benefit plans of two companies during a merger or acquisition.
Heather notes that people often erroneously think that getting ERISA counsel involved later in the process will save money, but actually, the reverse tends to happen, as there are fewer options to correct problems further into the transaction. The article highlights why it is necessary to have ERISA counsel perform the appropriate due diligence, including early consultation on the purchase agreement, to make sure the appropriate representations and warranties are in the plan.