Erin Turley focuses her practice on employee benefits matters. She has extensive experience handling issues pertaining to the Employee Retirement Income Security Act of 1974 (ERISA) and employee stock ownership plans (ESOPs).
With respect to ERISA, Erin focuses on employee benefits, including qualified, nonqualified, and executive and deferred compensation and welfare benefit plans, as well as on regulatory compliance with the Internal Revenue Code, ERISA, the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Health Insurance Portability and Accountability Act (HIPAA) and the Patient Protection and Affordable Care Act (PPACA). She also advises employers on the design, implementation and administration of tax-qualified and nonqualified retirement plans, and health and welfare benefit plans.
Erin regularly represents clients before the Internal Revenue Service and the Department of Labor in audit and correction matters and has successfully concluded over five large case audits by the IRS for both publicly traded and privately held plan sponsors auditing their health and welfare plan compliance. Erin is experienced in working with employers, vendors and health plans to design and implement a variety of health and welfare plans structures including medical, prescription drug, wellness programs, disability, mental health benefits, cafeteria plans health reimbursement arrangements and health savings accounts and consumer-directed health plans such. She also has experience in other welfare benefit programs including commuter benefit plans and paid time off banks. She also advises employers on issues raised in connection with corporate mergers, acquisitions and divestitures as they relate to the various benefit plans maintained by the affected corporate entity or entities.
Erin focuses her Employee Stock Ownership Plan (ESOP) practice on the design and implementation of ESOP transactions and provides ongoing legal counsel to ESOP-owned companies. She has been involved in hundreds of transactions, including leveraged buyouts, mergers, acquisitions, and the structuring and financing of ESOPs using private equity. Erin also has extensive experience representing lenders in designing and negotiating credit facilities specifically tailored to the needs of ESOP-owned companies.
