Matthew D. Clyde

Member

Pittsburgh

(412) 620-6517

(412) 275-2390

Recent News:

Fifty-Eight Cozen O'Connor Attorneys Named Pennsylvania Super Lawyers and Rising Stars

Super Lawyers has selected 58 Cozen O'Connor attorneys to the 2020 Pennsylvania Super Lawyers and Rising Stars lists.

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.

Experience

News

Fifty-Eight Cozen O'Connor Attorneys Named Pennsylvania Super Lawyers and Rising Stars

June 05, 2020

Super Lawyers has selected 58 Cozen O'Connor attorneys to the 2020 Pennsylvania Super Lawyers and Rising Stars lists.

Cozen O'Connor Promotes 27 to Membership

May 01, 2019

Cozen O'Connor is pleased to recognize 27 attorneys with the promotion to member: Dylan Alper, Philip J. Berens, Alison Weintraub Berson, Evan Berquist, Alexandra Campau, Alissa K. Christopher, Matthew D. Clyde, Rachel Collins Clarke, Michael A. Corgan, Matthew L. Elkin, Nicole M. Ellis, Alex H. Hayden, David S. Huard, Haryle Kaldis, David Kirchblum, Matthew Evan Lewitz, Jesse Ryan Loffler, Samantha L. Mazo, Lindsey A. Miller, Jeffrey M. Monhait, Jonathan Nase, Jacqueline Promislo, Shelby K. Riney, Kelly Shinn, Terri A. Sutton, Daniel P. Thiel, and Laura Zulick.

Cozen O’Connor Advises Eurofins Scientific in $175 Million Acquisition of TestAmerica Environmental Services

October 04, 2018

The Corporate and International practices at Cozen O’Connor represented Eurofins Scientific SE in the acquisition of TestAmerica Environmental Services LLC (TestAmerica) from JSTI Group. The transaction is valued at $175 million on a cash-free, debt-free basis. The transaction is expected to close in the fourth quarter of 2018, subject to the fulfillment of regulatory and customary closing conditions.

Fifty-four Cozen O’Connor Attorneys Named 2018 Pennsylvania Super Lawyers and Rising Stars

June 12, 2018

Super Lawyers has named 54 Cozen O'Connor attorneys to its 2018 Pennsylvania Super Lawyers and Rising Stars lists.

Cozen O’Connor Guides Eurofins Scientific in $670 Million Acquisition of Covance Food Solutions

May 04, 2018

The Corporate and International practices at Cozen O’Connor represented Eurofins Scientific SE in the acquisition of Covance Food Solutions from Laboratory Corporation of America Holdings (LabCorp).

Cozen O’Connor Welcomes Six More Attorneys from Buchanan Ingersoll & Rooney

May 17, 2017

Cozen O’Connor has announced the following attorneys have joined the firm: employee benefit/ERISA attorneys John H. Wilson, Lynn Brehm and Matthew Clyde, labor and employment attorney Brian A. Casal, and commercial litigators William J. Moorhead and Gabrielle Lee.

Publications

IRS Allows Greater Cafeteria Plan Flexibility During COVID-19 Crisis [Alert]

May 14, 2020

John Wilson, Jay Dorsch, Lynn Brehm, Robert Kaplan, and Matt Clyde discuss IRS Notice 2020-29 allowing employers to provide flexibility to employees to change their elections under cafeteria plans through December 31, 2020.

The CARES Act Provides New Distribution and Loan Options for Individual Account Retirement Plans [Alert]

April 03, 2020

Matthew Clyde explains how the CARES Act may impact individual retirement accounts.

DOL Fiduciary Rule Taking Effect June 9 Is Low-Calorie, But Still Hard for Some to Swallow [Employee Benefits Alert]

June 01, 2017

Jay A. Dorsch and Matthew D. Clyde discuss the DOL's Fiduciary Rule that state individuals or companies who are considered fiduciaries under the new rule must meet “impartial conduct standards” to qualify for the related prohibited transaction exemptions.

Education

  • Duquesne University School of Law, J.D., summa cum laude, 2012
  • Clarion University of Pennsylvania, B.S., magna cum laude, 2005
  • Pennsylvania