The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Proskauer Rose LLP

11 TIMES SQUARE, NEW YORK, NEW YORK 10036-8299, USA
Tel:
Work +1 212 969 3000
Fax:
Fax +1 212 969 2900
Email:
Web:
www.proskauer.com

Ira Golub

Tel:
Work (212) 969-3008
Email:
Proskauer Rose LLP

Work Department

Employee Benefits and Executive Compensation

Position

Ira Golub is a partner in Proskauer’s Employee Benefits & Executive Compensation Group and a member of the firm’s Executive Committee. Ira’s practice embraces virtually all aspects of employee benefits law, ranging from the establishment and design of pension and welfare plans to the administration and termination of such programs. Ira has significant experience representing employers in their efforts to manage withdrawal liability exposure, particularly with respect to large plans with material underfunding, and has negotiated settlements on behalf of employers involving highly complex and multi-faceted withdrawal liability problems. In addition, Ira has published the COBRA Handbook, a comprehensive text on COBRA that is updated annually.


United States: Labor and employment

ERISA litigation

Within: ERISA litigation

The practice at Proskauer Rose LLP comprises β€˜extremely strong partners at the top and a very deep bench of ERISA litigators’, and is hailed as β€˜simply the best of the best’. Led by Myron Rumeld, the team is well known for handling stock-drop, excessive fee and church plan cases. Recent work includes representing Princeton University in a suit alleging a breach of fiduciary duties in its recordkeeping fees, and Russell Hirschhorn and New Orleans-based Howard Shapiro - whose β€˜folksy charm is backed by encyclopedic knowledge’ - successfully arguing a motion to dismiss on behalf of Wells Fargo, in a case alleging the client padded its 401(k) plan with overpriced and underperforming target-date funds affiliated with the bank. Also noteworthy is the group’s work for investment manager Neuberger Berman regarding allegations of prohibited self-dealing and breach of fiduciary obligations. Employee benefits specialist Ira Golub also assisted the team with regard to withdrawal liabilities issues arising from an action against client Renco Group. Other key contacts include senior counsel Stacey Cerrone in New Orleans and Deidre Grossman. Named individuals are based in New York unless otherwise indicated.

[back to top]

Employee benefits, executive compensation and retirement plans: design

Within: Employee benefits, executive compensation and retirement plans: design

The service at Proskauer Rose LLP is β€˜consistently superior to other firms in the field’, according to one source, and the team is β€˜knowledgeable on any regulatory issues the client may encounter’. The β€˜extremely creative’ Robert Projansky is praised as β€˜extremely pragmatic, exceptionally smart and capable of setting his ego aside to protect his clients’. New client PROMESA appointed a team, led by Washington DC-based practice head Paul Hamburger, to restructure its debts - a large fraction of which is attributed to the retirement systems for government employees. Ira Golub and Neal Schelberg specialize in withdrawal liability issues and multi-employer plans respectively. Other key names include Washington DC-based Seth Safra as well as Andrea Rattner, Rory Albert and the β€˜proactive’ Katrina McCann. Named attorneys are based in New York unless otherwise stated.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to