Rachel J. Markun

Hawkins Parnell Ranks Among Top ESOP Law Firms

March 6, 2024 – Press Release

March 6, 2024 (Napa, CA) – Hawkins Parnell & Young was recognized as a Top 10 ESOP Services Company for 2023 by Manage HR.

David Johanson, chair of Hawkins Parnell's ESOP practice group and partner-in-charge of the Napa office, was quoted, "Our ability to identify practical solutions stems from years of experience gained from working with corporate plan sponsors and officers, selling shareholders, institutional trustees, valuation companies and other advisors that manage the implementation of ESOPs."

Hawkins Parnell's lawyers are recognized nationally as innovative leaders in the ESOP field. The group is led by partners David Johanson and Rachel Markun, who have handled more than 750 ESOP transactions over the past four decades.

The team has also been at the forefront of defending ERISA litigation and complex class actions involving ESOP valuations and related transactions against the federal government and private parties. Hawkins Parnell's recent landmark trial victory against the U.S. Department of Labor in Hawai'i federal court in 2021 earned wide praise as a monumental win for employee ownership. David is currently lead counsel defending a class action lawsuit regarding a $510 million ESOT transaction in another highly watched case in the U.S. District Court for the District of Delaware. 

About Hawkins Parnell & Young

Hawkins Parnell & Young is a national defense litigation firm that has represented many of the largest and most well-known companies in high-risk litigation and business disputes. The 250-strong litigation team works with clients to develop winning defense strategies and, if necessary, try cases to verdict in all 50 states.