Up-C IPOs and Tax Receivable Agreements

Under the right circumstances, an Up-C structure implemented in connection with an initial public offering (IPO) has the potential to deliver significant economic and tax benefits to financial sponsors and other selling shareholders.  Post-IPO, these structures also may allow companies more flexibility in structuring acquisitions going forward.
 
During this session, Mayer Brown partners Anna Pinedo and Remmelt Reigersman and Houlihan Lokey's Tom Goldrick and Michael Mulkerin will discuss:

• When an Up-C structure might be appropriate for an IPO candidate;
• Documenting the arrangements;
• Addressing the tax receivable agreement (TRA) and understanding how TRAs work;
• The benefits to various stakeholders;
• TRAs in the secondary market;
• Life as a public company with an up-C structure and how it impacts financial and SEC reporting;
• Undertaking acquisitions using an up-C structure;
• Unwinding an up-C structure; and
• Certain litigation involving Up-C structures.

United States
2:00 p.m. – 3:00 p.m. EDT
1:00 p.m. – 2:00 p.m. CDT
12:00 p.m. – 1:00 p.m. MDT
11:00 a.m. – 12:00 p.m. PDT

Europe
7:00 p.m. – 8:00 p.m. BST
8:00 p.m. – 9:00 p.m. CEST

CLE credit is pending.

For additional information, please contact Hanson Hairihan at hhairihan@mayerbrown.com.