Mary Beth H. Gray, a partner in the Philadelphia law firm of Kleinbard LLC, served as a panelist at the 2015 Capital Strategies and M&A Forum hosted by Matheson Financial Advisors, Inc. at the Trump International Hotel & Tower in Chicago from May 11-13, 2015.  Ms. Gray’s session was entitled: “The Renewed Interest in C Corp ESOPs.

Ms. Gray is a partner in the Business & Finance Department at Kleinbard.  She focuses her practice on business succession, including the sale of businesses to employee stock ownership plans (ESOPs) and other transactions involving ESOPs.  She has represented both buyers and sellers in more than 300 transactions involving both equity and assets.  In addition to her ESOP practice, Gray concentrates her practice in the areas of mergers and acquisitions (representing sellers and buyers), corporate finance, corporate governance, corporate restructuring and executive compensation.  She also regularly advises companies and shareholders with respect to both transactional and operational issues, including corporate governance, stock ownership, succession planning, equity and non-equity compensation, securities law issues, corporate finance and corporate tax matters.


Founded in 1939, Kleinbard celebrates over 75 years of providing legal services offering sophisticated legal services to a broad range of clients in the areas of business and finance, employment, government relations, intellectual property, litigation, real estate, and tax and estate planning.