Henrik Patel | White & Case LLP International Law Firm, Global Law Practice
Henrik Patel
Henrik Patel

Henrik Patel

Partner, New York

T +1 212 819 8205

T +1 212 819 8200

E hppatel@whitecase.com

in LinkedIn profile

Henrik Patel counsels clients with respect to executive compensation and employee benefits issues that arise in day-to-day business operations, as well as in connection with major transactions.

Overview

Henrik Patel advises clients on the full spectrum of executive compensation and employee benefits issues.

His significant experience and knowledge in this area has made him a valued resource for a range of US and international clients, including public and private companies, boards of directors and executives.

Clients look to Henrik for his ability to solve challenging compensation and benefits issues, arising both on a day-to-day basis and in the context of major corporate transactions. Working closely with the Firm's Global Mergers & Acquisitions Practice, Henrik brings strategic insight to the compensation and benefits aspects of a range of large-scale deals, including public and private M&A and private equity and leveraged buyout transactions, as well as debt and equity financings, divestitures, spinoffs and IPOs.

Drawing on his wide sector knowledge and cross-border transactional experience, Henrik provides ongoing counsel to companies both in the US and around the world. His advisory practice spans the full spectrum of general compensation and benefits concerns, including corporate governance matters and best practices, executive compensation plan design, employment contracts and equity incentive compensation arrangements.

In a complex and evolving regulatory landscape, companies have come to rely on Henrik's cutting-edge advice to help them effectively incentivize their employees, while remaining in compliance with their fiduciary and shareholder responsibilities. The regulatory issues on which Henrik provides clarity and guidance include securities, tax, public disclosure and ERISA concerns.

Henrik's comprehensive grasp of the legal intricacies of his field also enables him to negotiate and draft employment, retention, separation, change of control, non-competition, non-solicitation and other compensation-related agreements, plans and provisions, as well as relevant sections of proxy statements, periodic and current reports and registration statements.

Bars and Courts

  • New York State Bar
  • Massachusetts State Bar

Education

  • JD, New York University School of Law
  • BA, Political Science, Tufts University

Languages

  • English

Experience

Anthem, Inc., one of the nation's largest health benefits companies, in its US$54.2 billion proposal to acquire Cigna Corporation, a combination that would create a premiere health benefits company with critical diversification and scale to lead the transformation of health care delivery for consumers.

Zimmer Holdings, Inc., a world leader in musculoskeletal health solutions, in its acquisition of Biomet, Inc., one of the world's leading medical device manufacturers, for an aggregate consideration of US$13.35 billion, comprised of cash and shares of Zimmer common stock. The merger of Zimmer and Biomet will position the combined company as a leader in the US$45 billion musculoskeletal industry.

Omnicare on a US$13 billion dollar acquisition. The ECB team represented Omnicare on their executive compensation and equity issues. We also assisted on 280G issues. We received a pro-rated compensation payout.

Packers Sanitation Services Inc. (PSSI), a US contract food sanitation company and portfolio company of US private equity firm Harvest Partners, LP, in connection with the sale (by way of auction process) of PSSI to US private equity firm Leonard Green & Partners LP.

Harvest Partners, LP, in its acquisition of VetCor, one of the largest operators of veterinary hospitals in the US.

Harvest Partners, LP, in its acquisition of DCA Investment Holding LLC, one of the largest dental practice management companies in the US.

Harvest Partners in the sale of its portfolio company, Document Technologies Holdings, LLC, the largest private US provider of legal process outsourcing and managed services, to OMERS Private Equity.

Driven Brands, one of the leading franchisors in the automotive aftermarket, has entered into a merger agreement to acquire 1-800-Radiator & A/C, one of the largest franchised automotive parts distributors in North America.

Athletico Physical Therapy, a portfolio company of Harvest Partners, in its acquisition of Accelerated Rehabilitation Centers, creating one of the largest physical therapy providers in the Midwest with over 330 locations.

Quad-C Management, Inc. in its acquisition of The Wolf Holdings Organization, Inc., a leading supplier of kitchen cabinets and a leading provider of specialty building products.

Quad-C Management, Inc. in the acquisition of McKissock, L.P. a leading online and onsite provider of state and federally mandated education and training solutions across several large growing industries.

Quad-C Management in a majority interest acquisition of Vaco, best-in-class consulting and placement firm.

AT&T in numerous acquisitions and divestitures, including its US$49 billion acquisition of DirecTV.

Bayer in its pending $14.2 billion acquisition of Merck's consumer care business and its completed US$1.1 billion acquisition of Conceptus.

Intercontinental Exchange in its US$8 billion acquisition of the New York Stock Exchange.

Collective Brands in its US$2 billion sale to Wolverine and Golden Gate Capital.

Cole Holdings in its merger with Cole Credit Property Trust III and its US$11 billion sale to American Realty Capital.

Speaking Engagements

Management Compensation in PE Deals at Redcliffe's The Private Equity 2015 Conference "Recent Deals and the Road Ahead", June 15, 2015:
London, UK
, (co-speaker)

PWC Law Firm Pension and Retirement Plans Conference, July 16, 2015: (faculty panelist)

"Harvard Roundtable on Executive Compensation", November 2014: (speaker)

"WestLegalEdcenter Webcast on Management Compensation Issues in LBOs", December 2013: (presenter)

Publications

  • Executive Compensation Issues in Public Company Transactions, Practical Law Institute (PLI), 2015
  • Revisiting Management Compensation In LBOs, The M&A Lawyer, September/October 2013
  • Finally: The Final Golden Parachute Regulations, The M&A Lawyer, October 2003

Awards & Recognition

Named to Private Funds Management’s list of "30 under 40", 2015

People's Choice Award, Unemployment Action Committee (UAC), 2015

Named to the M&A Advisor's list of "40 under 40" for Mergers & Acquisitions, 2015