Leigh C. Riley is a partner and a vice chair of the Business Law Department with Foley & Lardner LLP. She focuses her practice on employee benefits and executive compensation. In the area of employee benefits, Ms. Riley concentrates on welfare plans, including COBRA and HIPAA privacy rules, and retirement plans, including nonqualified deferred compensation arrangements.
In the area of executive compensation, she counsels both private and public companies on establishing and administering all types of executive compensation programs, including stock options, restricted stock, phantom stock arrangements, and stock appreciation rights.
Ms. Riley is former chair of the firm’s Employee Benefits & Executive Compensation Practice. She is also a member of the firm’s Labor & Employment Practice and the Insurance & Reinsurance and Automotive Industry Teams. Ms. Riley joined the firm in 1997 after practicing with the Philadelphia firm of Morgan, Lewis & Bockius.
Ms. Riley is a 1995 magna cum laude graduate of the University of Pennsylvania Law School. She earned her bachelor’s degree from Texas Christian University in 1991.
Admissions : Ms. Riley is admitted to the Bar in Wisconsin.
Representative Matters :
- Foley represented Health Care Service Corporation in the sale of 100% of the stock of Preferred Financial Corporation and Colorado Bankers Life Insurance Company to Southland National Insurance Corporation.
- Foley advised Canadian Solar Inc., one of the world’s largest solar power companies, in its acquisition of Recurrent Energy, LLC, a leading North American solar energy developer, from Sharp Corporation for approximately $265 million. This represents the largest solar transaction to date that the Foley Energy Industry Team has closed.
- Foley attorneys represented Amcor’s U.S. subsidiary, Amcor Rigid Plastics, in its purchase of (1) the manufacturing assets and intellectual property of Eco-Groupe, Inc., a privately held preform manufacturing operation with four manufacturing sites in the United States; and (2) a minority equity interest in EnKon, LLC, a woman-owned business enterprise affiliate of Eco-Groupe, Inc.
- Reviewed prototype nonqualified deferred compensation plan documents for 409A compliance and legal and operational compliance. Also reviewed corresponding administrative services agreement with vendor to ensure adequate protection for client, focusing on fee, termination, and indemnification provisions.
- Represented Wynnchurch Capital in its acquisition of military parts supplier that filed for federal receivership in October 2010. Transaction closed in February 2012 after successfully negotiating with receiver and key military customers to continue business in Michigan.
- Counseled a hospital employer on establishing a self-insured group health plan, including reviewing third-party administrative services agreement and summary plan description, and drafting HIPAA policies and procedures.
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