Matthew Clyde has broad experience with employee benefit matters in corporate acquisitions, dispositions, and mergers; employee stock ownership plans (ESOPs); ERISA fiduciary duties and prohibited transactions; tax, Affordable Care Act and ERISA concerns for employee health and welfare benefit plans; and executive compensation matters.
In addition, Matt assists in strategic planning and advice in employee benefits litigation, including managing claims disputes governed by the ERISA claims and appeals process. He assists employers dealing with audits and inquiries from various federal and state governmental agencies, including the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation. Matt also advises clients on compliance issues related to 280G and 490A of the Internal Revenue Service Code. Matt’s executive compensation experience includes assisting employers and executive employees with drafting and administering equity and non-qualified deferred compensation plans, including individual deferred compensation agreements, stock option plans, and stock appreciate rights plans.
Matt is experienced in multiemployer pension plan withdrawal liability issues and regularly counsels employers facing or undergoing withdrawal from multiemployer pension plans. Matt has guided employers successfully through pension plan withdrawal liability litigation that threatened the viability of the company.