Lawyers / Professionals
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Jeffrey R. Capwell
Partner
201 North Tryon Street
jcapwell@mcguirewoods.comCharlotte, North Carolina 28202 F: 704.373.8823 |
Mr. Capwell practices in all aspects of executive compensation and employee benefits. In the area of executive compensation, he helps companies structure and administer stock-based compensation plans, performance bonus and incentive programs, nonqualified deferred compensation plans and director compensation programs. He represents management and boards of directors in negotiating and drafting employment, severance and change of control agreements.
He advises clients on the tax, securities and corporate law aspects of executive compensation programs, including proxy disclosure and other public filings. He also helps companies participating in the U.S. Treasury Department's Troubled Asset Relief Program (TARP) comply with the executive compensation and corporate governance standards imposed under the program. He works with privately held businesses and tax-exempt organizations to structure executive compensation programs specific to their objectives.
Mr. Capwell also designs and helps employers administer a wide range of employee benefit programs. These include 401(k), employee stock ownership, defined benefit pension, 403(b) and 457 plans, as well as health and welfare plans and fringe benefit programs. He obtains rulings, determinations and exemptions from the IRS, the U.S. Department of Labor, and other government agencies. He regularly represents employers in audits and examinations by such agencies. Mr. Capwell advises clients on ERISA fiduciary requirements, prohibited transaction restrictions and other aspects of plan investments and administration.
He also helps clients negotiate and structure the employee benefits aspects of mergers and acquisitions, and integrate and dispose of plans following such transactions. He counsels clients on specialized issues, such as retiree benefit plans and plan funding arrangements. Mr. Capwell lectures and writes on a number of executive compensation and employee benefits topics.
- Executive Compensation
- Employee Benefits
- Employee Benefits/Executive Compensation Litigation
- Mergers & Acquisitions
- Education
- Sports Law
- Named One of the "Best Lawyers in America," Woodward/White, Inc., 2007-2012
- Terry R. Alexander Award, North Carolina Association of Public Accountants, 2002 (speaking award)
- Named a North Carolina "Super Lawyer"
- "New Scrutiny of College and University Executive Compensation and Unrelated Business Activity," Journal of College and University Law, Vol. 37, No. 1, 2010 (co-author)
- "SEC Revises Executive Comp and Governance Disclosure for 2010," Business Law Today, March/April 2010 (co-author)
- "Noncompliance With 409A: How Serious an Issue?," Compliance Week, July 21, 2009
- Compensation Committees, BNA Corporate Practice Series, 73-2nd, 2008 (co-author)
- "Public Companies Must Alter Disclosure Practices," Executive Counsel, November/December 2006 (co-author)
- "Focus on Executive Compensation: New Disclosure Environment for Executive Compensation," Executive Counsel, July/August 2005
- "Understanding and Complying with the New Requirements for Deferred Compensation Plans," The Business Lawyer (N.C. Bar Assoc. Corporate Counsel Section), June 2005
- "Summary of Employee Benefit Provisions in the 1998 Tax Acts," Employee Benefits and Executive Compensation Counselor, January 1999
- "Fixing Broken Retirement Plans Under New IRS Correction Programs," Virginia Bar Association Journal, September 1998
- "New Law Liberalizes Rollovers, Complicates Tax Withholding on Qualified Plan Distributions," Tax Management Compensation Planning Journal, January 1993
- "Are You Prepared for Health Care Reform? A Review of Key Compliance Topics," College and University Professional Association for Human Resources, 2010 Virginia Chapter Meeting
- "Deferral of Equity Awards," 2010 AALU Annual Meeting (co-presenter)
- "Investment Advice Arrangements for Qualified Plans and IRAs," Trust Advisors Forum, 2007 Annual Meeting
- "Compensatory Arrangements in LLCs and S Corporations: Selecting the Right Fit," 58th Annual Virginia Conference on Federal Taxation, 2006 (co-presenter)
- "Employee Benefits and Executive Compensation Update for Colleges and Universities," Council of Independent Colleges in Virginia, 2006 Annual Conference
- "Deferred Compensation and Section 409A," IOMA Audio Conference, 2006 (co-presenter)
- "Executive Compensation Planning for the Privately Held Business," 50th William & Mary Tax Conference, 2004
- "Health and Welfare Plan Form 5500 Requirements," testimony presented to the U.S. Department of Labor Advisory Council on Employee Welfare and Pension Plans, 2004
- "Recent Legal Developments Affecting Retirement Plan Service Providers," Trust Advisors Forum, 2004 Annual Meeting
- "Lending to Corporate Insiders in Light of Section 402 of the Sarbanes-Oxley Act of 2002," American Bar Association, Section of Business Law, 2003 Spring Meeting
- "Split-Dollar Financing Under a New Regime: A Discussion of Notice 2002-8," American Bar Association, Section of Taxation, 2002 May Meeting (program panelist)
- "Best Use of Cafeteria Plans for Closely Held Businesses," American Bar Association, Section of Taxation, 2002 Mid-year Meeting
- "Planning for Distributions of Employer Stock from Qualified Retirement Plans," American Bar Association, Section of Taxation, 1999 Annual Meeting
- American Bar Association Section of Taxation, Employee Benefits Committee
- Southern Employee Benefits Conference; Steering Committee Member
- National Association of Stock Plan Professionals; Past President, Carolinas Chapter
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EDUCATION Syracuse University College of Law, Syracuse, New York, J.D., magna cum laude, 1989
Dartmouth College, Hanover, New Hampshire, A.B., cum laude, 1986 ADMITTED North Carolina 2002 Virginia 1993 New York 1990 District of Columbia 1990 U.S. Tax Court 1990 PLACE OF BIRTH Binghamton, New York |

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