Allison Rosensteel

Allison Rosensteel represents employers, compensation committees and executives in the negotiation and drafting of compensation and benefits arrangements. She also advises public and private companies on the tax, securities and corporate governance issues that can arise in connection with these arrangements during mergers, acquisitions and other corporate transactions.

Ms. Rosensteel’s deep background in tax law allows her to provide her clients with sophisticated legal solutions that emphasize tax efficiencies. She also assists nonprofit organizations with their entity formations, tax exemption applications, compensation strategies and other best practices regarding corporate governance.

Her recent representative matters include advising:

• ArchKey Holdings, Inc., a portfolio company of the GFI Energy Group of Oaktree Capital Management, on its acquisition of Sprig Electric Co.
• Caesars Entertainment Corporation, along with VICI Properties Inc., on the $25 million sale of Bally’s Atlantic City Hotel & Casino to Twin River Worldwide Holdings Inc.
• CarMax, Inc. on its $50 million acquisition of a minority stake in Edmunds.com, Inc.
• Edwards Lifesciences Corporation on the $4.2 billion sale of its critical care product group to Becton, Dickinson and Company
• Intel Corporation on its proposed but terminated $5.4 billion acquisition of Tower Semiconductor
• Scopely, Inc. on its $4.9 billion acquisition by Savvy Gaming Group
• Tulco, LLC on the $400 million sale of its artificial intelligence insurance business to Acrisure, LLC
• Viking Holdings Ltd. on its $1.69 billion initial public offering of ordinary shares on the New York Stock Exchange
• Visa Inc. on its $1 billion acquisition of Pismo
• Western Digital Corporation on the separation of its HDD and flash businesses to create two independent, public companies
• Xilinx, Inc. on its $49 billion acquisition by Advanced Micro Devices, Inc.
• Xperi Corporation on its $3 billion merger with TiVo Corporation

Ms. Rosensteel is the author of the chapter on “Starting a New Business” in the book Emerging Companies Guide: A Resource for Professionals and Entrepreneurs, Third Edition. In addition, she has contributed to the firm’s annual Compensation Committee Handbook and other publications.

Prior to joining Skadden, Ms. Rosensteel was an associate at another law firm, where she primarily advised Silicon Valley startups on general corporate, tax and securities law matters during Series Seed and Series A financings, mergers and acquisitions, fund formations, reorganizations and other tax-sensitive transactions.