Mona Ghude Executive Compensation Lawyer

Mona Ghude

Partner

Faegre Drinker

Website

www.faegredrinker.com

Organization Profile

Full Profile

Connect

Email

215-988-1165

Professional Biography

Mona Ghude assists both publicly-held and private employers with broad-based employee benefit, equity compensation and deferred compensation matters. She is vice-chair of the Employee Benefits and Executive Compensation Practice Group.

Mona’s experience spans a variety of industries, including manufacturing, services and retail industries, as well as special issues relating to union employees (such as withdrawal liability), foreign employees (with respect to participation in U.S. qualified and nonqualified plans) and issues resulting from employee classification (or misclassification). She has also represented high-level executives in negotiating and drafting employment, deferred compensation, change of control and severance agreements.

Mona also counsels on the legality of hedge fund offering documents from the perspective of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code (IRC) and provides training to plan fiduciaries to help them meet their fiduciary obligations under ERISA and to avoid potential prohibited transaction issues under ERISA and the IRC.

More Legal and Business Bylines From Mona Ghude

IRS Issues Guidance on Missing Participants and State Unclaimed Property Funds - (Posted On Monday, November 16, 2020)
Rehiring Employees by End of 2020 Could Prevent Partial Plan Terminations - (Posted On Tuesday, September 22, 2020)
June 2020 Updated Question & Answer Employer Guide: Return to Work in the Time of COVID-19 - (Posted On Wednesday, June 03, 2020)
Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part III: Excess Remuneration, Excess Parachute Payments, and Excise Tax Reporting - (Posted On Thursday, February 28, 2019)
Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part II: Who Are My Organization’s Covered Employees, and What Counts as Remuneration? - (Posted On Thursday, February 21, 2019)
Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part I: Is My Organization Subject to the Excise Tax? - (Posted On Thursday, February 14, 2019)
The IRS Breaks Its Silence on the 162(m) Grandfathering Rule but Companies May Not Like What the IRS Has to Say - (Posted On Friday, September 07, 2018)
Changes on the Horizon for Executive Compensation? - (Posted On Wednesday, November 08, 2017)
Loss of Confidential Electronic Data: New Risks for Financial Professionals - (Posted On Wednesday, May 07, 2014)
IRS Issues Final Regulations on Property Transferred for Services Under Section 83 - (Posted On Thursday, March 27, 2014)

Executive Compensation

Deferred Compensation Plan News

Faegre Drinker’s Employee Benefits and Executive Compensation Group is a National Law Review Go-To Thought Leader for their in-depth analysis of employer-sponsored retirement plans, health and welfare plans and executive compensation concerns. Topics addressed include executive compensation reporting changes, how rehiring employees could prevent partial plan terminations, and the tax implications and the pitfalls associated with excessive executive compensation paid by tax-exempt organizations. Additionally, Faegre Drinker provided valuable guidance to 401k Plan Sponsors regarding how to help employees during the COVID-19 pandemic under the provisions of the CARES Act (Coronavirus Aid, Relief, and Economic Security Act), including changes in participant loan repayments, available increases in loan amounts, and changes in hardship distribution rules. Regular contributors from Faegre Drinker’s Employee Benefits and Executive Compensation Group include; Bruce L. Ashton, Mona Ghude, Christine M. Kong, Elizabeth Olson, Monica Novak and Fred Reish.