ERISA & Employee Benefits »

We provide advice and counseling to corporate clients concerning employee benefits such as pension, profit-sharing, ESOP, executive compensation and 401(k) plans, and the provisions and applicability of the Employee Retirement Income Security Act of 1974 ("ERISA"). ERISA is an extremely complicated federal law that demands specialized attention, particularly if litigation concerning its provisions is needed. Your best organizational strategy in designing, drafting, or modifying a plan subject to ERISA is to consult with a competent specialist who understands the complex interplay between employment law, corporate governance, fiduciary liability and tax principles that characterizes this area of practice. Whether you have questions about an existing plan, are facing issues or challenges concerning initial plan design, or have already been threatened with ERISA-based litigation, we can assist you with the knowledge and depth of understanding needed to operate within the framework of this intricate area.

NLG is equipped to assist plan administrators, trustees, and advisors with individual plan drafting; claims for breach of fiduciary duty and benefits actions; and difficult and costly concepts such as withdrawal liability and other consequences of plan termination. We can also represent third party plan service providers in negligence claims and offer advice in numerous other situations. The firm's principal has experience evaluating ERISA-related issues in the context of mergers and acquisitions, dealing with plan termination and voluntary compliance issues that may involve the IRS and the U.S. Department of Labor's Pension Benefit Guaranty Corporation, managing changes in plan sponsorship, and evaluating detailed qualification requirements. ERISA and employee benefits transactions and litigation can be daunting and demand skilled counsel; we look forward to assisting you with your needs.