News

RICK STEINER FELL & BENOWITZ CASE STUDIES:
Severance And Employment Agreements For A Senior Executive

Many of Rick Steiner Fell & Benowitz's clients have come back to us again and again for assistance in employment related matters. We recently represented a Division President of a public company in his severance deal. We had previously represented this executive in employment and buyout agreements with Robert Benowitz leading the team.

We were able to negotiate a severance arrangement which included substantially more benefits than were stipulated in our client's employment agreement, including additional cash compensation, medical benefits, and out-placement services.

"Bob is a very accomplished and sophisticated attorney. He helped me understand how much I could ask for without putting the deal in jeopardy. He counseled me wisely and helped me get the best deal."

The firm had also represented this client in the negotiation of previous employment agreements and equity participation arrangements where we were able to obtain more favorable terms than were initially offered by management.

"One of the things I like about working with Bob is that he does really listen and was responsive to my specific issues. He was very easy to work with. I would, and have recommended RSF&B to my colleagues. His expertise on the issues faced by officers in public companies was invaluable."