by Mike Baker | Feb 19, 2020
You have an employee who is leaving. She tells you she doesn’t have the cash to exercise her Company stock option in the first three months post-termination and she realizes if she doesn’t the option will expire. She pleads with you to do something and you are willing...
by Mike Baker | Jan 4, 2020
You can tell the difference between equity and non-equity partners at Kirkland & Ellis by looking to see if they have “P.C.” after their name. It’s true. See here for an example of an equity partner and here for an example of a non-equity partner. Still skeptical?...
by Mike Baker | Nov 23, 2019
Let me explain why buying stock with a note can be so amazing. Imagine your employer offers you two alternatives: one million dollars worth of stock, or a stock option giving you the right to buy stock currently worth one million dollars. The stock option right lasts...
by Mike Baker | Oct 23, 2019
On October 23, 2019, the IRS released guidance with respect to the tax treatment of family members that work together in a family business. De Facto Partnership I expect it’s fairly common for a couple to treat a family business, where no entity has been formed, as a...
by Mike Baker | Oct 1, 2019
Mike Baker frequently advises with respect to earnouts. He possesses a breadth and depth of experience in tax and employee benefits & compensation law that spans multiple decades. For additional information, please contact...
