Profile

David Solomon is a Partner at Chicago based law firm Levenfeld Pearlstein LLC. His areas of expertise include mergers, acquisitions and divestitures, private and venture capital, financing, employee benefits and executive compensation. He also advises clients purchasing a new business.

Overview

David Solomon is a partner in the Corporate Practice Group. David has extensive experience in transactions involving the use of an Employee Stock Ownership Plans (ESOP) to facilitate the purchase of a business and has formed a new ESOP Services practice at Levenfeld Pearlstein.

David also advises clients in the areas of mergers, acquisitions and divestitures, private and venture capital, financing, employee benefits and executive compensation and represents many companies in a "general counsel" capacity by handling various business law issues.

David has been practicing law since 1994. Prior to joining Levenfeld Pearlstein in 2009, he was a partner with another Chicago law firm where he served as the chair of the firm’s Corporate & Business Counseling Practice Group.

David is a member of the ESOP Association and the National Center For Employee Ownership (NCEO). He has lectured frequently on ESOPs and other employee benefit topics, has authored a treatise discussing the benefits of S corporation ESOPs and was a contributing author of the NCEO's Equity Compensation Update publication.

In a recent transaction, David served as lead counsel to a group of Chicago-based commodity trading and brokerage firms in connection with the formation of new ESOP. David assisted the owners of the prior companies to restructure their operations into a new S corporation holding company in order to facilitate the ESOP’s acquisition of 100% of the stock of the new holding company. David also assisted the new company to obtain regulatory approval for the ESOP transaction from the Financial Industry Regulatory Authority (FINRA).

Languages Spoken

• English