Timothy B. Arends
PEOPLE

Timothy B. Arends

Partner
arends.timothy@dorsey.com

Overview

Tim's practice focuses on the design, formation, IRS qualification, administration, merger, and termination of employee retirement, health, welfare, and executive compensation plans.
Tim devotes a substantial portion of his practice to evaluating the effect of employee benefit programs on mergers, acquisitions, reorganizations, corporate financing, and similar transactions.

Education & Admissions

University of Denver College of Law (LL.M., Taxation, 1993)

University of Denver College of Law (J.D., 1992), General Editor, Denver University Law Review, 1991-1992

Iowa State University (B.B.A., Finance, 1986)

Admissions

  • Colorado
  • Minnesota

Experience

Representative Work

  • Advise Employers on executive compensation programs including compliance with new Section 409A.
  • Advise UnitedHealth Group, Inc. on employee benefit aspects of its merger and acquisitions including its 2005 acquisition of PacifiCare Health Systems, Inc.
  • Advise employers on numerous occasions with regard to the hiring and firing of plan trustees and investment managers, prohibited transaction and fiduciary duty requirements of law, structuring of fiduciary relationships to minimize the legal exposure of the sponsoring employer and its directors, officers and employees and compliance with the ERISA §404(c) participant directed investment regulations.
  • Assisted clients in establishing and amending tax all types of tax qualified retirement plans.
  • Advise clients concerning Individual Retirement Accounts and distribution planning.

Representative Clients

  • UnitedHealth Group, Inc.
  • Canon USA, Inc.
  • Deluxe Corporation
  • Agriliance, L.L.C.
  • Lenox Group Inc.

News & Resources

Articles

DOL and IRS Relief on Deadlines
IRS Begins 409A Audit Initiative
Health Care Reform Creates Early Retirement Reinsurance Program Opportunity for Plan Sponsors

News & Press Mentions

229 Dorsey Lawyers Recognized in 2027 Best Lawyers in America, Lawyers of the Year, and Ones to Watch
220 Dorsey Lawyers Recognized in 2026 Best Lawyers in America, Lawyers of the Year, and Ones to Watch
201 Dorsey Lawyers Recognized in 2025 Best Lawyers in America, Lawyers of the Year, and Ones to Watch
200 Dorsey Lawyers Selected for Inclusion in 2024 Best Lawyers in America, Lawyers of the Year, and Ones to Watch
13 Dorsey Lawyers Selected for Inclusion in 2021 The Best Lawyers in America Employment Law Issue
54 Dorsey Lawyers in Minneapolis Selected for Inclusion in The Best Lawyers in America 2019 and 2019 Lawyers of the Year
51 Dorsey Lawyers in Minneapolis Selected for Inclusion in The Best Lawyers in America 2018 and 2018 Lawyers of the Year
48 Dorsey Lawyers in Minneapolis and Fargo Selected for Inclusion in The Best Lawyers in America 2017 and 2017 Lawyers of the Year
Dorsey Recognized by Global Law Experts in 11 Practice Areas
45 Dorsey Lawyers in Minneapolis and Fargo Selected for Inclusion in "The Best Lawyers in America®" 2016 and "Best Lawyers of the Year"
Dorsey & Whitney Represents Entone in Acquisition by Amino

Industries & Practices

Mergers & Acquisitions
Corporate Governance & Compliance
Benefits & Compensation
Nonprofit & Tax Exempt Organizations
Executive Compensation
Healthcare & Life Sciences
Food, Beverage & Agribusiness
Energy & Natural Resources
Banking & Financial Institutions
  • Banking & Financial Institutions
  • Benefits & Compensation
  • Cooperative Law
  • Corporate Governance & Compliance
  • Emerging Companies
  • Energy & Natural Resources
  • Executive Compensation
  • Food, Beverage & Agribusiness
  • Healthcare & Life Sciences
  • Mergers & Acquisitions
  • Nonprofit & Tax Exempt Organizations
  • Technology

Professional & Civic

Professional Achievements

  • Policy Board Member, American Benefits Council
  • Member, IRS Great Lakes Area TE/GE Employee Plans Advisory Council

Accolades

Dorsey Pro Bono ChampionNorth Star Lawyer logo

  • Best Lawyers in America©, 2013-2026
  • Consistently providing pro bono legal assistance to those in need through Dorsey’s Pro Bono program
  • Minnesota Monthly, “Top Lawyers in Minnesota,” 2024
  • MSBA, North Star Lawyer, 2022-2025
  • Global Law Experts, “Employee Benefits Law - Law Firm of the Year in Minnesota – 2016”
Timothy B. Arends