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. Henrik was recognized by M&A Advisor's list of "40 under 40".

Henrik's 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.

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 regularly negotiates and drafts 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.

Henrik is a frequent contributor and speaker at Global Equity Organization ("GEO") and National Association of Stock Plan Professional ("NASPP") conferences.

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

Calpine Corporation in its US$17 billion sale to Energy Capital Partners, an energy-focused private equity firm, and a consortium of investors including Access Industries and Canadian Pension Plan Investment Board.

Sempra Energy, an electric and gas utility company, in its US$18.8 billion acquisition of Energy Future Holdings Corp., which indirectly owns 80% of Oncor Electric Delivery Company, LLC, an operator of the largest electric transmission and distribution system in Texas.

Anthem, Inc., one of the nation's largest health benefits companies, in its recently terminated US$54.2 billion agreement to acquire Cigna Corporation, a combination that garnered front-page coverage for over 2 years and involved extensive coordination of a White & Case team of cross-practice lawyers in M&A, antitrust, litigation and bank finance.

CVC Capital Partners in its US$1.425 billion acquisition of beauty and personal care products company PDC Brands from Yellow Wood Partners.

NeuroDerm Ltd., a company developing drug-device combinations for central nervous system disorders, in its US$1.1 billion sale to Mitsubishi Tanabe Pharma Corporation.

Quad-C Management, Inc. in its investment in Pharm-Olam International, Ltd., its acquisition of The Wolf Holdings Organization, Inc., McKissock, L.P., and acquisition of Vaco.

Certares,L.P. in its investments in Guardian Alarm, Guardian Medical Monitoring, and AmaWaterways.

Harvest Partners in its acquisition of Material Handling Services, EyeCare Services Partners Holdings LLC, VetCor, DCA Investment Holding LLC, and PRO Unlimited; and sale of Document Technologies Holdings, LLC.

Tengram Capital Partners in its acquisition of a controlling interest in Earth Treks, Inc., an operator of commercial indoor climbing gyms in Maryland, Virginia and Colorado.

City Practice Group USA Holdings in its US$600 million sale to Warburg Pincus.

Triton Partners in the acquisition of WernerCo, a Switzerland-based fully integrated international manufacturer and distributor of ladders, secure storage systems and light duty construction equipment.

Dynegy Inc. in its US$119 million sale of two intermediate gas-fueled plants located in Dighton and Milford, Massachusetts to a subsidiary of Starwood Energy Group Global.

Zimmer Holdings, Inc., a world leader in musculoskeletal health solutions, in its US$13.35 billion acquisition of Biomet, Inc., one of the world's leading medical device manufacturers.

Omnicare in its US$12.7 billion sale to CVS Health. The ECB team represented Omnicare in their executive compensation and equity issues. We also assisted on the complex Section 280G issues included in this transaction.

Driven Brands, one of the leading franchisors in the automotive aftermarket and a portfolio company of Roark Capital Group, in its acquisition of 1-800-Radiator & A/C, one of the largest franchised automotive parts distributors in North America.

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

Packers Sanitation Services Inc., a US contract food sanitation company and portfolio company of Harvest Partners, in its sale to Leonard Green & Partners LP.

Speaking Engagements

Speaker, NASPP "Data Privacy in a Connected World: Equity Plan Administration in the Context of Data Privacy" and "Isolationism vs. Globalisation: Stock plans in a Confused World", October 2017

Speaker, GEO 18th Annual Conference in Rome "Executive Compensation and Global Uncertainty" and "How Employee Benefits foster Growth; Lessons from the "Start-up" Nation", April 2017

Co-Speaker, Management Compensation in PE Deals at Redcliffe's The Private Equity 2015 Conference "Recent Deals and the Road Ahead", London, UK, June 15, 2015

Faculty Panelist, PWC Law Firm Pension and Retirement Plans Conference, July 16, 2015

Speaker, "Harvard Roundtable on Executive Compensation", November 2014

Presenter, "WestLegalEdcenter Webcast on Management Compensation Issues in LBOs", December 2013

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

Recognized Individual for Employee Benefits & Executive Compensation, The Legal 500 US, 2017

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

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

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