David C. Olstein
Executive Compensation and Benefits
David C. Olstein’s practice focuses on the fiduciary responsibility provisions of ERISA. He has extensive experience advising asset managers on ERISA matters, including compliance with ERISA’s prohibited transaction rules, in connection with the investment of pension plan assets. Mr. Olstein also regularly advises fund sponsors on ERISA matters, including the application of ERISA’s “plan asset” rules, in connection with the establishment and operation of private investment funds. He also has represented issuers and underwriters in connection with the marketing of securities to investors subject to ERISA, and has advised plan sponsors and creditors on pension liability issues arising under Title IV of ERISA.
Representative clients have included BlackRock, Inc.; Fortress Investment Group; Och-Ziff Capital Management Group; Colony Capital, Inc.; and Greenfield Partners, LLC.
Mr. Olstein is a member of the New York City Bar Association Committee on Employee Benefits and Executive Compensation and currently chairs the Subcommittee on Private Equity and ERISA Fiduciary Duties.
Prior to joining Skadden in 2011, Mr. Olstein was a counsel in the compensation, benefits and employment department of another international law firm.
J.D., University of Virginia School of Law, 1994 (Executive Editor, Virginia Law Review)
B.A., Johns Hopkins University, 1990
Member, New York State Bar Association
Member, New York City Bar Association
Contributing Author, ERISA Fiduciary Law, Second Edition, with 2011 Cumulative Supplement
Co-Author, “Application of Plan Asset Rules to Plan Investments and Contributions,” ERISA Fiduciary Law (Susan P. Serota ed., 2d ed. 2006 & Supp. 2009)