Kleinbard LLC Partner, Mary Beth H. Gray, recently served as a speaker at the ESOP Association’s Pennsylvania and Delaware Chapter 2017 Spring Conference on March 30th at the Heritage Golf Resort and Convention Center in York, PA.  Ms. Gray’s session was entitled: ESOP Audits – Preparing For, Responding To and Getting Past ESOP Audits, Investigations and Reviews. This session discussed proper preparation of projections and financial statements, the relationship between projections and valuation, and best practices for analyzing financial reporting against company performance. Her session also covered the requirements for plan audits, as well as typical topics for review of financial statements by the Department of Labor.

Ms. Gray practices in the areas of mergers and acquisitions (representing sellers and buyers), corporate finance, corporate governance, corporate restructuring, and executive compensation. Her practice has a special focus on business succession, including the sale of businesses to employee stock ownership plans (ESOPs) and other transactions involving ESOPs. She has extensive experience in mergers and acquisitions, and has represented buyers and sellers in more than 300 transactions involving both equity and assets. Ms. Gray 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.

Ms. Gray is a frequent speaker on the topic of ESOPs.  She is a member of the ESOP Association and the National Center for Employee Ownership.  In addition, she is a member of the Forum of Executive Women and the Sustainable Business Network of Philadelphia.

For over 75 years, Kleinbard attorneys have served as trusted advisors and advocates for clients to help them achieve their goals. Kleinbard offers clients sophisticated legal representation that focuses on collaborating with the client to devise the best possible strategy for resolving their issue-whether by winning a dispute, closing a deal, or achieving legal compliance. Kleinbard’s clients appreciate the firm’s approach to legal work – goals are defined, lines of communication are fostered, and matters aren’t overstaffed. The Firm’s clients run the gamut from publicly-held multinationals and fourth generation family-owned businesses, to technology start-ups and high net worth individuals, to nonprofits and governmental agencies.. Kleinbard offers services in the areas of business and finance, employment, government relations, intellectual property, litigation, real estate, taxation, and trusts and estates. For more information please visit the firm’s website at www.kleinbard.com.