Overview
Madelyn Spatt Shulman advises and represents corporations, limited liability companies, partnerships, and their members, directors, officers, and shareholders on a wide range of business, corporate, tax, and securities matters.
As outside general counsel to middle market businesses, Madelyn represents her clients in transactional matters, arbitration, litigation, and before regulatory agencies. She advises clients on employment issues, including executive compensation, severance, employee benefit and equity plans, and employment disputes involving compensation, noncompetition and nonsolicitation, breaches of employment agreements, wages and hours, classification, and tipping.
Madelyn structures business and ownership interests for closely held businesses and their owners, works with owners to transition their businesses, and regularly represents owners of closely held entities in business disputes and breakup transactions. She works with high net worth business owners to integrate their business, tax, and estate planning needs. She also works with regulators and lenders to restructure companies that face economic problems or damages. As securities counsel, she guides companies through financing, SEC reporting, and regulatory compliance.
Madelyn's estate participant clients include trustees, executors, administrators, beneficiaries, and family members. They regularly seek her counsel to settle estates expeditiously and to advocate for their rights in contested probate and trust disputes in New York’s “downstate” Surrogate’s Courts.
On behalf of clients that include both domestic and foreign businesses and high net worth individuals, Madelyn assists with the purchase and sale of New York City residential and commercial properties, tax and estate planning, establishing new offices in New York, and navigating New York’s legal and regulatory environment. She has represented medical entities, manufacturers, distributors, service providers, restaurants, and real estate businesses in corporate transactions along with multimillion-dollar real estate matters, including building sales, purchasing and financing, and lease negotiations and terminations.
Background
Madelyn began her career with the international law firm of Stroock & Stroock & Lavan where she focused on mergers and acquisitions, initial public offerings and venture financing, and representing public corporations. She also served in Stroock’s corporate estate department, which provided guidance on entity reorganizations to some of New York’s large, well-known, family-owned businesses.
She served as general counsel for seven years to the board of directors of a 100-plus-unit Nassau County, New York, residential cooperative apartment corporation. Negotiated settlement of multiple sponsor defaults, New York attorney general investigation and settlement with banks, and multiple refinance of underlying multimillion-dollar building acquisition mortgage.