Shira Aviner Selengut
Partner
Overview
Shira Selengut is an attorney in Holland & Knight's New York office. A seasoned advisor, Ms. Selengut provides comprehensive and strategic counsel on a wide spectrum of employment, employee benefits and executive compensation matters.
With a practice that primarily focuses on the Employee Retirement Income Security Act (ERISA), Ms. Selengut is trusted by clients to navigate them through ERISA's complex and ever-changing mandates. Her experience also extends to advising on employment, employee benefits and executive compensation aspects of U.S. and cross-border corporate transactions, including reorganizations and restructurings, mergers and acquisitions (M&A), private equity and funding transactions, and financing arrangements.
Adept at cutting through the complex requirements of ERISA and its related regulations, Ms. Selengut is valued for her ability to offer clear and practical guidance on maintaining compliance with ERISA. Financial institutions and private investment funds turn to her for counsel in various matters, including the application of ERISA's plan assets, fiduciary responsibility and prohibited transaction rules. She also advises clients with respect to ERISA-related concerns in financing transactions, including lenders and borrowers in structured loan facilities, as well as underwriters, issuers, dealers, collateral managers and investors in asset-backed securities, covered bonds, collateralized loan obligations, derivatives and other structured finance transactions.
With respect to executive compensation and governance matters, Ms. Selengut is well-versed in representing the interests of public and private companies and private equity firms. She advises on the design and implementation of annual and long-term incentive compensation plans; employment, consulting and separation agreements; severance and retention arrangements; and equity and equity-based incentive compensation arrangements. She also counsels clients on the tax implications of their compensation structures and provides guidance on the application of securities laws, labor and employment laws, and other laws governing hiring, workforce reduction, restrictive covenants and related issues.
In the context of corporate transactions, Ms. Selengut leverages her knowledge of relevant laws and regulations to steer clients through employment, employee benefits and executive compensation issues with proficiency. When negotiating key transaction documents, she draws on her extensive experience and offers a well-rounded perspective in addressing these issues.
In addition to her legal practice, Ms. Selengut frequently delivers presentations on a wide variety of employment, employee benefits and executive compensation issues and related legal developments.
Prior to joining Holland & Knight, Ms. Selengut worked as an employee benefits and executive compensation attorney in the New York office of an international law firm. She also worked as an auditor in an international accounting firm prior to attending law school.
Representative Experience
- Represented a leading manufacturer of commercial refrigeration solutions that serves customers across the U.S. and Canada in its sale to a leading company in the commercial refrigeration and foodservice equipment market
- Represented an artificial intelligence (AI)-powered clinic operations platform built for rehab therapy in its acquisition of a popular AI scribe and coding assistant, as well as a real-time compliance and revenue analytics solution
- Represented a Federal Aviation Administration (FAA) parts manufacturer in its sale to the parent company of a collection of unique brands that design, manufacture, service and distribute proprietary aftermarket components for the general aviation and business aviation markets
- Represented an online postsecondary education provider in its acquisition of a private for-profit health sciences university headquartered in San Marcos, California
- Represented a dining and entertainment brand that combines bistro, bowling, bocce and private event space in its combination with a special purpose acquisition company (SPAC); the transaction was recognized as a 2024 Middle-Market Deal of the Year by Mergers & Acquisitions Magazine
- Represented an international software company in connection with the $2.4 billion acquisition of a cloud-based human resources software company
- Represented an Ohio-based global industrial packaging company in connection with its agreement to acquire a recycled paperboard and packaging solutions company for approximately $1.8 billion
- Represented a global IT services provider in connection with a $14 billion Reverse Morris Trust transaction
- Represented an Oklahoma-based provider of emergency power restoration services for public utilities in connection with a recapitalization transaction
- Represented a newly formed holding company for a digital media company in connection with its issuance of more than $300 million of senior and junior preferred equity to funds controlled by an investment firm and co-investors
- Represented an international vehicle fleet leasing and servicing company in connection with the divestiture of its U.S.-based business
- Represented a Luxembourg limited liability company (LLC) in acquiring 90 percent of the issued and outstanding capital stock of an indirect owner of a terminal operator at the Port of Los Angeles
- Represented a United Kingdom-based private equity and venture capital firm in connection with its acquisition of a U.S.-based supplier of vended equipment in the travel and leisure industry
- Represented the infrastructure fund of a U.S.-based multinational financial services company in connection with its acquisition of a storage terminal business with facilities in Louisiana and Georgia
- Represented an international exchange organization in connection with its $6 million investment in the Series A funding round of a New York-based financial technology startup
- Represented a multinational pharmaceutical company in connection with the $1.675 billion divestment of its blood transfusion diagnostics unit
- Represented the subsidiary of an international beverage company in connection with an approximately $27 billion three-way merger
- Represented a private equity firm on the purchase of a gold mine in Nevada
- Represented a Chinese biological technology company in connection with its 24.5 million pounds (approximately $32.7 million) acquisition of a 70 percent stake in a manufacturer of contacts and intraocular lens materials
- Represented a British financial institution in connection with the £100 million pounds (approximately US$133.7 million) sale of its international private banking business in several countries and the approximately £8 million pounds (approximately US$10.7 million) sale of its Miami international private banking business
- Represented a leading provider of news and information-based tools in connection with its acquisition of all of the issued and to-be-issued share capital of a legal publishing company and its subsidiaries
Credentials
- Fordham University School of Law, J.D., cum laude
- Rutgers University, B.S., highest honors
- New York