PatriciaEschbach-Hall (Tricia)

Partner

Cleveland + 1.216.586.7746

For more than 20 years, Tricia Eschbach-Hall has navigated clients through the complex regulatory environment for executive compensation and employee benefits arrangements, including in the context of complex mergers and acquisitions, executive transitions, day-to-day administration, and corporate restructurings. With a focus on practical approaches, Tricia counsels clients on the design and implementation of deferred compensation plans, equity plans, incentive awards, severance plans, qualified retirements plans, and welfare benefits. She regularly prepares and negotiates employment, severance, and change in control agreements for employers and has significant experience drafting benefit plans and employee materials. Working with colleagues from around the world, Tricia often assists clients with cross-border employee-related issues.

Tricia has provided benefits and compensation advice to many companies undergoing company-changing acquisitions and divestitures. Recently, this included Sherwin-Williams' $11.3 billion acquisition of The Valspar Corporation, Parker Hannifin's $4.3 billion acquisition of CLARCOR, and Marathon Petroleum's $23.3 billion acquisition of Andeavor. She also has provided the benefits and compensation advice to several companies undergoing corporate spin-offs, including Conagra Foods' separation into two independent public companies, B&W's spin-off of its Power Generation business, TriMas' spin-off of its Cequent businesses, and The Timken Company's spin-off of its steel business.

Tricia is a member of the advisory board of Cleveland Central Catholic High School and of the Cleveland Metropolitan Bar Association.

Experience

  • General Mills acquires TNT CrustJones Day is advising General Mills in the acquisition of TNT Crust Intermediate Holdings LLC from private equity firm Peak Rock Capital. As part of the acquisition, General Mills will also acquire two manufacturing facilities in Green Bay, Wisconsin, and St. Charles, Missouri.
  • Sensata Technologies acquires DynapowerJones Day is advising Sensata Technologies (NYSE: ST), a leading industrial technology company and provider of sensor-rich solutions and insights for customers, in connection with its acquisition of Dynapower Company, LLC, a leading provider of energy storage and power conversion systems, from private equity firm Pfingsten Partners for $580 million in cash.
  • Avient to acquire DSM Protective Materials businessJones Day is advising Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable material solutions, in its $1.485 billion purchase of Koninklijke DSM N.V.’s protective materials business, a leading specialty engineered materials business built around the invention of Dyneema®, the world’s strongest fiber.
  • Owens Corning acquires WearDeckJones Day is advising Owens Corning in the acquisition of WearDeck®, a premium producer of composite weather-resistant decking for commercial and residential applications in North America, from JR Plastics Corporation.
  • Eastman sells adhesives resins business product lines for $1 billionJones Day advised Eastman Chemical Company in the $1 billion sale of its adhesives resins assets and business to Synthomer plc.
  • Simpson Manufacturing Company announces offer to acquire Etanco GroupJones Day advised Simpson Manufacturing Company, Inc. in the €725 million acquisition of the Etanco Group.
  • Procter & Gamble Company acquires TULA LifeJones Day advised The Procter & Gamble Company in its acquisition of TULA Life, Inc. from L Catterton Partners and L Catterton Europe SAS.
  • STERIS sells renal business to EvoquaJones Day advised STERIS in the $196.3 million sale of its Renal Care business to Evoqua Water Technologies, a leading provider of mission-critical water and wastewater treatment solutions.
  • PTTGC acquires allnex from AdventJones Day advised PTT Global Chemical Public Company Limited in the €4 billion acquisition of allnex Holding GmbH from Advent International.
  • Asbury Automotive Group acquires Larry H. Miller Dealerships and Total Care Auto for $3.2 billionJones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., in its acquisition of Larry H. Miller Dealerships, and Total Care Auto, Powered by Landcar for $3.2 billion.
  • Ohio Transmission acquires AAP AutomationJones Day advised Ohio Transmission Corporation in the acquisition of AAP Automation, a leading provider of machine automation and control solutions throughout the North and Southwest.
  • Cleveland-Cliffs acquires Ferrous Processing and Trading Company for $775 millionJones Day advised Cleveland-Cliffs Inc. in the $775 million acquisition of Ferrous Processing and Trading Company (FPT), including certain related entities.
  • Wells Fargo provides $955 million senior unsecured credit facilities to Orion Office REIT LPJones Day represented Wells Fargo, National Association, as administrative agent, in connection with a $600 million senior unsecured term loan and revolving credit facility and a $355 million senior unsecured bridge term loan credit facility provided to Orion Office REIT LP.
  • FirstEnergy sells $2.4 billion minority transmission stake to BrookfieldJones Day is representing FirstEnergy Corp. in its $2.4 billion sale of a 19.9% equity stake in its subsidiary FirstEnergy Transmission, the holding company for FirstEnergy’s three regulated electric transmission businesses.
  • Sotera Health acquires Regulatory Compliance AssociatesJones Day advised Sotera Health in the acquisition of Wisconsin-based Regulatory Compliance Associates, Inc.
  • Eastman sells tire additives business product lines to One Rock Capital PartnersJones Day advised Eastman Chemical in the $800 million sale of the rubber additives (including Crystex™ insoluble sulfur and Santoflex™ antidegradants) and other product lines and related assets and technology of the global tire additives business of its Additives & Functional Products segment to an affiliate of One Rock Capital Partners, LLC.
  • Materion acquires H.C. Starck's electronic materials portfolio for $380 millionJones Day advised Materion Corporation, a world leader in high performing advanced materials, in connection with the acquisition and financing of H.C. Starck Solutions' industry-leading, electronic materials business, located in Newton, Massachusetts ("HCS-Electronic Materials") for $380 million.
  • Parker Hannifin's recommended all cash acquisition of Meggitt PLCJones Day is acting as U.S. counsel to Parker Hannifin Corporation in the £6.3 billion acquisition of Meggitt plc, a leading international company headquartered in Coventry, United Kingdom, specializing in high performance components and subsystems for the aerospace, defense and selected energy markets.
  • UnifyHR sells company to AscensusJones Day advised UnifyHR LLC in its sale to Ascensus Group LLC.
  • Cooper Tire & Rubber sold to The Goodyear Tire & Rubber Company for approximately $2.5 billion enterprise valueJones Day advised Cooper Tire & Rubber Company in its $2.5 billion sale to The Goodyear Tire & Rubber Company.
  • Speaking Engagements

    • December 5, 2013
      Employees Benefits and Executive Compensation, Cleveland Tax Institute
    • December 6, 2011
      Executive Compensation: Emerging Issues & Preparing for 2012
    • September 3, 2010
      Health Reform - Claims Appeals Process, Health Action Council of Ohio Webinar
    • May 20, 2010
      Pension Funding Relief; Tax Executives Institute, Inc., Cleveland Chapter
    • May 20, 2010
      Federal Health Care Reform--Effects on Employers; Tax Executives Institute, Inc., Cleveland Chapter
    • March 20, 2008
      Revised & Updated Cafeteria Plan Regulations
    • April 21, 2005
      New Restrictions on Nonqualified Deferred Compensation Plans