Photo of Colleen Hart

Colleen Hart is a partner in the Tax Department and a member of the Employee Benefits & Executive Compensation Group.

Colleen advises companies, executives and boards on complex executive compensation matters. She offers a multidisciplinary approach to compensation and benefits issues with a focus on tax planning, securities laws and corporate governance. Matters she handles include the negotiation, structuring and implementation of employment and change-in-control agreements and deferred compensation, equity and incentive compensation plans. She advises on golden parachute and deduction limitation rules, securities reporting, registration and disclosure requirements and California employment laws. In addition, Colleen has extensive experience advising clients on compensation and benefits issues arising in mergers and acquisitions, initial public offerings, bankruptcies and finance transactions.

Colleen is a contributing author of The 409A Handbook (BNA 2016) and lectures frequently on executive compensation matters. As a U.S. Navy veteran, Colleen devotes a substantial amount of time to organizations that provide legal and support services to U.S. veterans.

Next week, Proskauer will headline the Los Angeles County Bar Association’s Veterans Legal Services Project (VLSP) clinic. Proskauer attorneys sponsor the clinic every November – but this year’s clinic will be very different. The VLSP clinic has adjusted to the realities of 2020 and, in doing so, has found new ways to improve its services to veterans. For many veterans, the transition back to civilian life is challenging, and the unique difficulties posed by the COVID-19 public health crisis has had a tremendous impact on the ability to find legal representation and other crucial services.

The VLSP clinic focuses on providing advice to homeless and at-risk veterans regarding record expungements, as well as outstanding tickets and warrants. Attorneys attending the clinic perform interviews and intakes for the clinic, and provide referrals to the attending veterans.

My father, Colonel John J. Cassidy is a highly decorated Vietnam veteran. Last Wednesday, I celebrated his birthday and honored his service by volunteering at the Los Angeles County Bar Association’s Veterans Legal Services Project clinic. It was a coincidence that Proskauer’s sponsorship of the clinic fell on my dad’s birthday, but the connection between my father and my involvement in the clinic has deep roots. I participate in the clinic because of my dad – to fulfill a promise I once made him.

My father administered my oath of office when I was commissioned to the Navy in 1992. In the years that followed, I relied heavily on his advice to find my way through the triumphs and trials of a young Naval officer. After completing my active service, I went to law school, raised a family and built my legal career. My father’s advice was still relevant to the business world and served to guide many of my steps along the way to becoming a partner at Proskauer.

Los Angeles has the highest population of homeless veterans in the United States.  Proskauer’s Los Angeles office supports several programs that provide direct assistance to LA’s homeless veterans, including PATHCooks.  Several times a year, Proskauer volunteers plan and serve dinner to the residents of PATH’s Westside Center through the PATHCooks program.  PATH’s Westside Center provides interim housing to get homeless veterans off the streets as quickly as possible while they work with the Veterans Administration and PATH staff to move into permanent homes or treatment centers.  PATH’s Westside center has 32 beds for male veterans.