Thomas C. Senter - Greenbaum, Rowe, Smith & Davis LLP

Thomas C. Senter

Listed in Best Lawyers since 2005
Phone: 732-476-2650

Mr. Senter's practice focuses primarily on all aspects of employee benefits and executive compensation.  He provides counsel to employers, senior executives, Boards of Directors and Board Committees.

Mr. Senter has extensive experience related to equity and non-equity based qualified and non-qualified retirement and compensation plans, stock option and deferred compensation arrangements, fiduciary issues under ERISA, plan qualification and administration issues, and employee health and welfare plans.  He also advises clients on compliance with Section 409A of the Internal Revenue Code, the Affordable Care Act, HIPAA and COBRA, and assists in the negotiation and drafting of employment and separation agreements.

Wharton School of the University of PennsylvaniaBS 1975St. John’s University School of LawJ.D. 1979New York University School of LawLL.M 1982
American College of Employee Benefits CounselEnglewood Hospital and Medical CenterNew Jersey State Bar AssociationAmerican Bar AssociationNew York State Bar Association

Case History

Defined Benefit Pension Plan — Representation of sellers of stock in a corporation with a significantly overfunded defined benefit pension plan which was assumed by the purchaser upon closing
Plan Sponsors — Representation of plan sponsors before the Internal Revenue Service and the U.S. Department of Labor under the voluntary correction programs maintained by those agencies
Recapitalization and Takeover — Representation of the new Board of Directors of a bank under regulatory supervision in connection with the recapitalization and takeover of control of the bank and the issuance of equity compensation to the new Officers and Directors
Employment and Benefit Issues — Representation of a non-profit hospital on senior management employment and benefit issues involved in the intended formation of a new healthcare system in New Jersey
Employment and Deferred Compensation Agreements — Representation of the President/CEO of a New Jersey Medical Center with annual revenues of several hundred million dollars, in the negotiation and preparation of employment and deferred compensation agreements
Pension Plan — Representation of the directors of a bankrupt pension plan sponsor, and the trustees of an underfunded pension plan in connection with the assumption of the plan by the Pension Benefit Guaranty Corporation
Withdrawal Liability — Negotiations with the Pension Benefit Guaranty Corporation on behalf of an individual against whom the PBGC asserted a claim for withdrawal liability in excess of $7 million
Internal Review — Representation of a public company in connection with an internal review of all of its previously issued and outstanding stock options and warrants to confirm that the prior grants and exercises were appropriately reported for securities laws, income taxation and payroll purposes
Employment Separation Package — Negotiation of an employment separation package on behalf of the President/CEO of a U.S. operating subsidiary of a Korean automobile manufacturer
Retiree Health Coverage — Review and assistance with the restructuring of retiree health coverage provided by a college for its current and former faculty members in order to reduce the college’s expenses and limit its future liability exposure under the arrangement
Benefits Plan — Representation of an actuarial consulting firm in its defense of allegations that it had improperly handled the calculation of benefits payable upon plan termination to the financial detriment of the plan sponsor
Deferred Compensation Package — Restructuring of a deferred compensation package for the retiring CEO of a federal credit union to avoid the immediate recognition of income upon employment termination
Plan Fiduciary — Representation of a benefits consulting firm in the defense of claims brought against it by the U.S. Department of Labor which asserted that the firm was a plan fiduciary responsible for the misappropriation of plan assets

Office Location

Metro Corporate Campus One
99 Wood Avenue South
Iselin, NJ 08830-2712
United States

Practice Areas

Employee Benefits (ERISA) Law (ERISA)