Biography

Eric maintains a diverse employee benefit and executive compensation practice with a focus on retirement plans, executive compensation, deferred compensation, and fiduciary governance.

Eric has extensive experience in issues that affect the benefit plans of employers in the health care industry and higher education, as well as other tax-exempt employers. He works extensively with boards of directors and compensation committees in the establishment of executive compensation programs and the development of sound fiduciary governance and compliance policies and practices.

Eric is the Chair of the firm's Employee Benefits & Executive Compensation Group, a regular contributor to the Group's blog, Benefits Law Update, and a frequent speaker on employee benefits topics.

Eric has served in leadership positions on a number of nonprofit boards in Portland. He is particularly proud of his work on the restoration of the Portland Observatory (1807), which achieved National Historic Landmark status. Eric recently served as President of the Portland Public Library. Eric enjoys time aboard his boat in Casco Bay and visiting New York City to reconnect with his urban roots.

Services/Industries

Education

  • University of Chicago  (J.D.)
  • Columbia University  (B.A., M.I.A.)

Public Service

  • Trustee (2005-2016), President (2012-2015), Portland Public Library
  • Trustee (2004-2011), President (2007-2009), Portland Ballet
  • Trustee (1992-1998), Advisory Trustee (1999-present), Greater Portland Landmarks
  • President, Portland Observatory Restoration Trust (1997-2001)

Bar Admissions

  • Maine

Memberships

  • Tax and Health Law Sections, Maine State Bar Association
  • American Health Lawyers Association
  • Maine Employee Benefits Council

Honors

  • AV® rated by Martindale-Hubbell
  • Recognized in Chambers USA: America's Leading Lawyers for Business under Employee Benefits & Executive Compensation
  • Named the Best Lawyers® 2019 Business Organizations (including LLCs and partnerships) "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2017 Employee Benefits (ERISA) Law "Lawyer of the Year" in Portland, Maine
  • Named the Best Lawyers® 2015 and 2020 Health Care Law "Lawyer of the Year" in Portland, Maine
  • Listed in The Best Lawyers in America© for Employee Benefits (ERISA) Law, Health Care Law, and Business Organizations (including LLCs and partnerships) in Portland, Maine
  • Named to the 2019 New England Super Lawyers© list under Employee Benefits and Health Care

To learn more about third-party ratings and rankings, and the selection processes used for inclusion, click here.

Firm Highlights

Blog

Pension Plan Mortality Table Litigation – What’s Next?

The first major settlement of a lawsuit challenging the mortality assumptions used to calculate pension plan benefits was announced earlier this year. According to court filings in Cruz v. Raytheon Company , the settlement...

Blog

Understanding Your Fiduciary Responsibilities Under ERISA: A Webinar

Employers have long understood the importance of fiduciary compliance with respect to 401(k) plans and other retirement plans subject to ERISA, and most have sound processes and governance structures in place to ensure the...

Blog

ARPA Premium Subsidy: Long-Awaited Details Finally Arrive

The IRS recently issued Notice 2021-31 , which provides much sought-after detail regarding the contours and operation of the temporary premium subsidy for COBRA continuation coverage available through the American Rescue Plan Act of...

News

32 Verrill Attorneys, Across Three Offices, Recognized in 2021 Chambers & Partners Guide

(May 27, 2021) – Verrill has been rated as a Leading Firm in a total of 11 categories and subcategories as evaluated by London-based Chambers & Partners, one of the world's most respected legal...

Blog

ESG Ping-Pong®

The recent regulatory back-and-forth over the investment of ERISA-governed retirement plan assets based on environmental, social, and corporate governance (“ESG”) factors has demonstrated that ESG investing will remain under an intense spotlight for some...

Event

Executive Compensation 101: The Basics

Join us on June 24 for "Executive Compensation 101: The Basics." Employee benefits attorneys Eric Altholz and Bill Jewett will present this informative webinar. Business owners and managers seeking advice on executive pay programs...

Blog

COVID-19 Vaccination Incentive Programs: Additional Guidance and Some Comfort

Earlier today the U.S. Equal Employment Opportunity Commission (EEOC) released guidance confirming that employers may offer incentives to employees who voluntarily obtain a COVID-19 vaccination. The guidance (available here ) appears as an update...

Blog

Identifying Plan Assets in ERISA Health & Welfare Plans

Last month, we advised readers of this blog to consider efforts to formalize the fiduciary governance of their health and welfare benefit plans. In that post , we described some of the reasons that...

Publication/Podcast

Employee Benefits & Executive Compensation 2020 Year-End Client Advisory

Click here to view as a PDF . This Client Advisory highlights important developments in the law governing employee benefit plans over the past year. It offers insight into what these developments mean for...

Blog

IRS Notice 2021-26 Clarifies Taxation of Dependent Care Assistance Programs

On May 10, 2021, the IRS issued Notice 2021-26 , which provides guidance regarding the taxation of dependent care assistance benefits provided through a Code Section 125 cafeteria plan, available in tax years ending...

Contact Verrill at (855) 307 0700