Lawrence (Larry) Witdorchic is a partner in the Employee Benefits and Executive Compensation Group. In the 2011 and 2012 editions of Chambers USA and Legal 500, Larry was named as a leading individual for New York Employee Benefits & Executive Compensation.
EXPERIENCE
Larry advises a wide variety of clients in transactional matters, including private equity funds and publicly-held corporations, with respect to the executive compensation and employee benefits features of mergers, takeovers, other acquisitions, dispositions and initial public offerings. Larry's practice includes the structuring and design of equity compensation arrangements, including stock options, stock appreciation rights, restricted stock, phantom stock, performance shares and LLC/partnership interests (including profits interests), and all facets of nonqualified deferred compensation plans and arrangements, including tax and accounting consequences. He advises clients on the creation, negotiation and modification of employment agreements, separation and termination agreements, change in control arrangements, often in connection with significant corporate transactions. In addition, he assists private equity funds and other entities with significant pension plan investors in complying with ERISA fiduciary rules, including structuring of acquisitions and dispositions to comply with ERISA's plan asset rules regarding venture capital operating companies (VCOCs), real estate operating companies (REOCs) and other pooled investment vehicles. Larry also provides securities laws advice relating to employee benefits and executive compensation, including registration of benefit plans on Form S-8 and compliance with Rule 701 under the Securities Act and compliance with the various disclosure requirements and compliance with Section 16 and Rule 16b-3 under the Exchange Act.
A representative sampling of Larry's executive compensation clients include: Automatic Data Processing, Inc.; Carnival Corporation; Las Vegas Sands Corp.; Michael Kors Holdings Limited; Ralph Lauren Corporation and The Wendy's Company.
Larry is a member of the Association of the Bar of the City of New York, and a member of its Employee Benefits and Executive Compensation Committee. He was a member of the Fordham Law Review.
EDUCATION
J.D., Fordham Law School, 1995
A.B., Harvard University, 1988