Max Seltzer is a partner in the firm’s Executive Compensation, Employee Benefits and Taxation Group. Mr. Seltzer has been practicing in the executive compensation and employee benefits area for more than 15 years. He counsels regional and national clients extensively on legal issues with respect to executive compensation issues, including compliance with the requirements of Code Section 409A. His practice also focuses on the many tax and benefit issues surrounding mergers and acquisitions, including the calculations of parachute payments and the impact of Code Section 280G. He has extensive experience in designing and drafting tax-qualified and non-qualified arrangements. Mr. Seltzer also has extensive experience counseling corporate clients with respect to tax-qualified retirement plans such as employee stock ownership plans and employee benefit aspects of mutual-to-stock conversions of financial institutions.
Prior to entering private practice, Mr. Seltzer served as a Pension Benefit Advisor to the U.S. Department of Labor.
Represented Berkshire Hills Bancorp, Inc. in its acquisitions of First Choice Bank, 44 Business Capital, Firestone Financial Corp., Hampden Bancorp, Inc., Beacon Federal Bancorp, Inc. and The Connecticut Bank & Trust Company.
Represented First Interstate BancSystem, Inc. in its $589 million acquisition of Cascade Bancorp.
Represented Kearny Financial Corp. in its conversion from a mutual holding company to a stock holding company and concurrent $717 million public offering of common stock.