David Olstein’s practice focuses on the fiduciary responsibility provisions of ERISA and the prohibited transaction excise tax provisions of the Internal Revenue Code. He has an extensive background advising financial institutions, plan sponsors, and investment committees on ERISA matters, including compliance with ERISA’s fiduciary duty and prohibited transaction rules in connection with the investment of pension plan assets.
David regularly advises fund sponsors on the application of ERISA’s “plan asset” rules as they relate to the establishment and operation of private investment funds. From representing issuers and underwriters in connection with marketing securities to investors, to advising plan sponsors and independent fiduciaries in connection with the selection of annuity providers, David offers substantial experience at the intersection of ERISA and fiduciary responsibility.
David is an active member of the American Bar Association’s Section of Taxation and the New York City Bar Association’s Employee Benefits & Executive Compensation Committee. He is also a contributing author to the BNA treatise ERISA Fiduciary Law, and has authored or co-authored articles that have been published in the Employee Relations Law Journal, Employee Benefit News and Thompson Reuters Practitioner Insights.
District of Columbia
New York
J.D., University of Virginia School of Law
B.A., Johns Hopkins University
David Olstein’s practice focuses on the fiduciary responsibility provisions of ERISA and the prohibited transaction excise tax provisions of the Internal Revenue Code. He has an extensive background advising financial institutions, plan sponsors, and investment committees on ERISA matters, including compliance with ERISA’s fiduciary duty and prohibited transaction rules in connection with the investment of pension plan assets.
David regularly advises fund sponsors on the application of ERISA’s “plan asset” rules as they relate to the establishment and operation of private investment funds. From representing issuers and underwriters in connection with marketing securities to investors, to advising plan sponsors and independent fiduciaries in connection with the selection of annuity providers, David offers substantial experience at the intersection of ERISA and fiduciary responsibility.
David is an active member of the American Bar Association’s Section of Taxation and the New York City Bar Association’s Employee Benefits & Executive Compensation Committee. He is also a contributing author to the BNA treatise ERISA Fiduciary Law, and has authored or co-authored articles that have been published in the Employee Relations Law Journal, Employee Benefit News and Thompson Reuters Practitioner Insights.
District of Columbia
New York
J.D., University of Virginia School of Law
B.A., Johns Hopkins University
Business-Related Tax and Employee Benefits Provisions in the Consolidated Appropriations Act
Qualified Opportunity Funds, Opportunity Zones and ESG Investing Conference
Retirement Plan Distributions Under the CARES Act: New IRS Guidance and State Law Considerations
DOL Proposes Amendments to 'Investment Duties' Regulation to Address ESG Investments
What You Need to Know About IRS Guidance on CARES Act Retirement Plan Provisions
IRS Issues Guidance on CARES Act Retirement Plan Distribution and Loan Provisions
Federal Agencies Extend Employee Benefit Plan Deadlines in Response to COVID-19 Pandemic
First Circuit Holds Sun Capital Funds Not Liable for Portfolio Company Withdrawal Liability
First Circuit Holds Sun Capital Funds Not Liable for Portfolio Company Withdrawal Liability
David Olstein Quoted in “Workers Fight Uphill Battle for Jury Trials in ERISA Suits”
David Olstein Mentioned in Bloomberg Big Law Business, General Counsel News, Law360