Skadden has successfully defended numerous corporate and individual clients in litigation arising under the Employee Retirement Income Security Act (ERISA), including class actions and proceedings under other federal laws. We utilize an interdisciplinary approach, drawing on the skills from lawyers with deep ERISA-related litigation experience coupled with the extensive backgrounds of our top-ranked compensation and benefits attorneys.
Our representations go well beyond the financial industry, spanning a wide range of sectors, for which we successfully have represented clients in trial and appellate courts nationwide on a wide variety of ERISA issues. Our team has deep experience with often-overlapping ERISA claims, securities class and derivative actions, and internal and government investigations. Our work includes counseling on, among other areas, ESOP and 401(k) plan stock-drop cases, cases alleging breaches of fiduciary duties, claims involving ERISA’s prohibited transactions provisions, challenges to ERISA plan amendments, ERISA preemption of state law claims and claims alleging fiduciary misrepresentation.
Skadden was named a finalist in the general litigation category of the New York Law Journal’s 2019 and 2020 Litigation Department of the Year competitions, as well as The American Lawyer’s 2018 Litigation Department of the Year competition. In the BTI Litigation Outlook 2020, for the ninth consecutive time, Skadden was named to the BTI Consulting Group’s list of top litigation law firms: The BTI Fearsome Foursome. BTI Litigation Outlook 2018 also noted Skadden as a Powerhouse in Complex Employment Litigation. Additionally, members of our executive compensation and benefits practice repeatedly have been recognized as “leading lawyers” in their fields by, among others, Chambers USA, Chambers Global, The Best Lawyers in America and The Legal 500: U.S., and a member of our team was named Best Lawyers’ 2017 New York City Employee Benefits (ERISA) Law Lawyer of the Year.