JohnPapadakis

Of Counsel

London + 44.20.7039.5272

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John Papadakis has a broad-based employee benefits practice covering all forms of share incentive and pension arrangements. He has extensive experience in setting up tax-advantaged and non-tax-advantaged share incentive plans for public and private companies, both globally and in the UK. He advises on the related tax, trust, corporate, and securities laws and UK corporate governance and institutional investor requirements. His pension experience covers personal and occupational pension plans, and he advises on trust, tax, and employment law and regulatory issues affecting pension plans. His recent pensions work has included advice to employers on ongoing funding issues and negotiations over employer covenants, the closure of plans to future accrual, the sectionalization of plans, the wind-up of plans, and restructuring issues.

Recent share incentive engagements include work for Hansteen Holdings Plc, Manpower Inc., Procter & Gamble, Quixant Plc, Samhi Hotels, STERIS Corporation, and Ted Baker Plc. He also has recently advised many companies in relation to their pension plans, including British Land, Cooper Tire & Rubber Company, Materion Corporation, Starwood Hotels, State Street Bank, The Timken Company, and USG Corporation.

John is a member of the Share Plan Lawyers Organisation, the Association of Pension Lawyers, and the National Association of Stock Plan Professionals.

Experience

  • ETS acquires PSIJones Day advised Educational Testing Service (ETS) in its acquisition of PSI Services LLC, a global leader in test development and delivery across workforce certification and licensure.
  • AURELIUS acquires The Body ShopJones Day advised private equity investor AURELIUS on its acquisition of The Body Shop from Natura & Co S.A.
  • Medallion Arts raises $13.7 million in Series A financingJones Day advised Medallion Arts Inc in its $13.7 million Series A financing co-led by Dragonfly and Lightspeed Faction.
  • Lazard invests in Shawton Energy LimitedJones Day advised Lazard Asset Management in the acquisition by Lazard Global Sustainable Private Infrastructure Fund of a 50% shareholding in Shawton Energy Limited, a solar PV project developer, installer and operator with a portfolio of existing projects, and a substantial pipeline, that delivers renewable energy directly to commercial and industrial businesses.
  • Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.
  • VSE Corporation partners with The Loar Group to acquire Desser AerospaceJones Day advised VSE Corporation (NASDAQ: VSEC) ("VSE") in its acquisition (the "Acquisition") of Desser Aerospace ("Desser") for a purchase price of $124 million.
  • Stellex completes buyout of David Brown Santasalo GroupJones Day advised Stellex Capital Management LLC on its buyout of DB Santasalo S.à r.l from N4 Partners.
  • FLEETCOR acquires at-home EV charging software company, MinaJones Day advised FLEETCOR Technologies, Inc. in the acquisition of Mina, a cloud-based electric vehicle (EV) charging software platform.
  • Verint acquires QudiniJones Day advised Verint in the acquisition of Qudini Limited, a provider of appointment scheduling solutions.
  • FLEETCOR acquires Global Reach GroupJones Day advised FLEETCOR Technologies, Inc. in the acquisition of Global Reach Group, a UK-based cross-border payments provider.
  • Macquarie agrees to acquire Suez Recycling and Recovery UK Group for approximately €2.4 billionJones Day advised Macquarie Asset Management in the execution of a put option agreement to acquire 100% of the shares of Suez Recycling and Recovery UK Group for €2.4 billion.
  • Macquarie acquires Euston Solar FarmJones Day advised Macquarie in the acquisition of 100% of the shares in Euston Solar Farm Limited, a UK-based renewable energy developer focused primarily on the development of utility-scale solar plants.
  • Deezer merges with and into I2PO S.A.Jones Day advised Deezer S.A. in the context of the SPAC transaction whereby Deezer S.A. merged with and into I2PO S.A., a French SPAC listed on the professional segment of the regulated market of Euronext Paris and the related PIPE financing.
  • Sun Communities Inc. acquires Park Leisure 2000 Ltd.Jones Day advised Sun Communities, Inc. in the £186 million acquisition of Park Leisure 2000 Ltd. from Midlothian Capital Partners.
  • Macquarie Asset Management acquires 50% shareholding in Island Green PowerJones Day advised Macquarie Asset Management ("MAM"), via Macquarie Green Investment Group Renewable Energy Fund 2 ("MGREF2"), in its acquisition of 50% of the shares in Island Green Power Limited, a UK-based renewable energy developer focused primarily on the development of utility-scale solar plants.
  • Ansys, Inc. acquires OnScale, Inc.Jones Day advised Ansys, Inc. in the acquisition of OnScale, Inc., a cloud simulation provider.
  • Sun Communities acquires Park Holidays UK for $1.3 billionJones Day advised Sun Communities, Inc. on its acquisition of Park Holidays UK for approximately $1.3 billion.
  • EagleTree Capital portfolio company acquires bChannelsJones Day advised EagleTree Capital in connection with the acquisition and financing by portfolio company The Channel Company of bChannels, a leading global marketing and data services agency specializing in the technology channel.
  • Arsenal Capital Partners' portfolio company Fenzi Holdings acquires Advanced Glass Technologies business of Johnson Matthey PLCJones Day represented Arsenal Capital Partners' portfolio company, Fenzi Holdings SPV S.p.A., in the acquisition and financing of the Advanced Glass Technologies business of Johnson Matthey PLC, which manufactures advanced glass enamels, precious metal pastes and conductive inks for use in automotive glass and other industry applications.
  • 360Learning acquires LooopJones Day advised 360Learning, the global collaborative learning SaaS leader, in its acquisition of Looop Online Limited, the UK's leading and top-rated learning management system.
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    January 2024 White Paper

    Employee Stock Plans: International Reporting Requirements

    January 2023 White Paper

    Employee Stock Plans: International Reporting Requirements

    December 2021 White Paper

    Employee Stock Plans: International Reporting Requirements

    October 2021 Commentary

    Pension Schemes Act 2021: Implications for the UK's Rescue Culture

    January 2021 White Paper

    Employee Stock Plans: International Reporting Requirements

    June 2020 White Paper

    Equity Plans: Global Developments

    July 2019 Jones Day Publications

    International Employee Stock Plans: 2019 Mid-Year Developments

    December 2014 Alert

    Employee Stock Plans: Year-End International Reporting Requirements

    Spring 2014 Jones Day Publications

    European Employee Benefits and Pensions, Issue Number 10

    Autumn 2013 Jones Day Publications

    European Employee Benefits and Pensions
    View All

    Speaking Engagements

    • September 26, 2011
      Recent Developments in Cross Border Pensions, Pensions Management Institute
    • October 9, 2009
      All is Not Quiet on the Executive Compensation Front: How to Prepare a Client for a Reasoned Defense Against the Current Assault on Executive Compensation, Internal Presentation
    • April 10, 2008
      Linking Performance Plans with Non-Competition Covenants, GEO (Global Equity Organisation) annual conference
    • September 26, 2007
      International Stock Plans: Pitfalls and Planning Opportunities, a View from Europe

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