Casey D. Knapp

Partner

Casey D. Knapp partners with complex and sophisticated clients to provide business-focused, strategic advice related to the design and implementation of competitive executive compensation and employee benefit programs.

Her clients regularly remark that they appreciate Casey’s practical, creative, and business-focused approach.

Executive Compensation

Casey’s work in the executive compensation area includes assisting clients with the design and implementation of equity incentive plans, phantom stock plans, non-qualified deferred compensation plans, and executive employment and severance agreements. She also regularly advises clients on the application of applicable tax rules, including Internal Revenue Code sections 409A and 280G.

Representative Experience: Last year, Casey counseled more than 100 privately held companies on the strategic design and implementation of their equity incentive arrangements, phantom stock plans, sophisticated bonus plans, and executive employment agreements. Most of this work has been for private equity portfolio companies in various industries.

Retirement Plans

Casey’s work with qualified retirement plans includes assisting clients with the design and implementation of 401(k) plans, profit sharing plans, and pension plans. She frequently advises clients on complex 401(k) plan issues, including advice related to implementing student loan matching contribution programs, integrating plans following a change in control transaction, addressing issues specific to private equity portfolio companies, tax consequences of contributions to and distributions from employer-sponsored retirement plans, and complying with evolving IRS and DOL regulations and correction programs.

Representative Experience: Casey provides continuing, year-after-year employee benefits support to multiple members of the Fortune 50. As part of this work, she provides ongoing weekly support to an aerospace industry client that sponsors one of the largest 401(k) plans in the United States.

Health & Welfare Plans

Casey’s work in the health and welfare space centers around addressing critical issues affecting group health and welfare benefit plans under the Affordable Care Act (ACA), the Mental Health Parity and Addiction Equity Act, HIPAA, COBRA, ERISA, and Code Sections 125 and 105(h).  Casey also advises employers on the complicated welfare plan issues that arise in the context of change in control transactions, including MEWA avoidance, successor employer issues under COBRA, and benefits transition issues.

Transactions

In addition to her traditional executive compensation and employee benefits work, Casey frequently works with members of the firm’s Transactions Practice to advise clients on the executive compensation and employee benefits issues arising in mergers and acquisitions. Casey also provides transactional support directly to clients and other law firms that are based outside of the United States or do not have robust executive compensation and employee benefits teams.

Casey is a member of the firm’s Innovative Technology and Health Care & Life Sciences Sector teams, which consist of a cross-disciplinary team of attorneys and professions focused on understanding the impact of innovative technology, including artificial intelligence, and helping clients develop legal strategies for their health care and technology businesses.

Awards and Recognition

  • Recognized in Chambers USA: America’s Leading Lawyers for Business as a leading Employee Benefits & Executive Compensation Lawyer (2023-2024)
  • Selected by her peers for inclusion in The Best Lawyers in America© in the field of Employee Benefits (ERISA) Law (2023 and 2024)
  • Honored as one of the Milwaukee Business Journal’s 40 Under 40 Award recipients (2016)

Affiliations

  • American Bar Association
  • Wisconsin Bar Association
  • Milwaukee Bar Association

Community Involvement

  • Casey contributes significant pro bono hours each year to the Milwaukee and Wisconsin communities through her participation in the Wills for Heroes program and other pro bono opportunities.
  • Past Chairwoman of the board of directors of Centro Legal, a nonprofit legal services organization that provides important resources for families and survivors of domestic abuse in the Milwaukee Community.
04 November 2024

Foley Advises LongWater in Formation of Cypress Rail Solutions

Foley & Lardner LLP served as legal advisor to LongWater Opportunities in the formation of Cypress Rail Solutions, a new railcar services company created in partnership with longtime industry executives Randy Meyer and Brian Trammell.
18 September 2024 Foley Viewpoints

Unlocking the Power of Equity-Based Incentive Compensation: Basics of Restricted Stock, Restricted Stock Units, and Performance Stock Units

This article is the fourth in our series on equity-based compensation intended to assist employers with answering a common question: What type of equity compensation award is best for our company and our employees?
12 September 2024 Deals and Wins

Foley Represents American Family Insurance in $1.7 Billion Sale of The General to Sentry Insurance

Foley & Lardner LLP served as legal advisor to American Family Insurance in its signing of a definitive agreement with Sentry Insurance to sell The General, a subsidiary of American Family Insurance based in Nashville, TN.
11 September 2024 Legal News: Employee Benefits Insights

Reminder: Qualified Professional Asset Managers (QPAM) Notice Deadline is September 15, 2024

Earlier this year, the Department of Labor updated the prohibited transaction exemption for Qualified Professional Asset Managers, often referred to as the “QPAM exemption.”
13 August 2024 Deals and Wins

Foley Represents MOGAS Industries in Sale to Flowserve

Foley & Lardner LLP served as legal advisor to MOGAS Industries, a privately held, Houston-based provider of mission-critical severe service valves and associated aftermarket services, in its sale to Flowserve Corporation.
19 July 2024 Deals and Wins

Foley Represents Ora in Strategic Investment from The Vistria Group to Accelerate Global Impact in Ophthalmic Research

Foley & Lardner LLP represented Ora, a leading global full-service ophthalmic drug and device development firm, in its recapitalization by The Vistria Group, a middle-market private investment firm.