Gary S. Young concentrates his practice on ERISA, employee benefits and executive compensation as a member of Scarinci Hollenbeck’s Corporate Transactions and Business Law Group.
Gary began his legal career over 40 years ago as a traditional labor lawyer, and he continues to provide employment law advice to private sector employers on subjects such as wage & hour compliance, workplace harassment, FMLA, etc. He concentrates his practice on ERISA, employee benefits and executive compensation as a member of Scarinci Hollenbeck’s Corporate Transactions and Business Law Group. Gary began his legal career over 40 years ago as a traditional labor lawyer, and he continues to provide employment law advice to private sector employers on subjects such as wage & hour compliance, workplace harassment, FMLA, etc.
Early in his career, Gary developed broad knowledge and experience in ERISA. His extensive practice experience extends to every area of ERISA plans (qualified, non-qualified and welfare benefit), and he advises clients on all types of benefit plan issues to include compliance, plan transfers, mergers, terminations, fiduciary responsibility, executive compensation, non-qualified deferred compensation arrangements (IRC 409A) and ERISA related litigation.
Gary’s extensive ERISA experience has proved to be invaluable in corporate transactions, such as mergers and acquisitions, conducting necessary due diligence and attending to closing and post-closing issues.
Gary represents clients before the Internal Revenue Service, Department of Labor and other governmental agencies. This includes assisting clients with the plan corrections procedures of the IRS (EPCRS) and the DOL (VFCP). In recent years, he has lectured and advised clients on fiduciary responsibility to include compliance under ERISA Sections 404, 406 and 408.
Gary has coupled his traditional labor law experience and ERISA knowledge to represent contributing employers to multi-employer plans in withdrawal liability issues and strategies.
In the area of ESOPs and other non-qualified plans that grant employee stock ownership or appreciation rights, Gary assists clients to develop employee ownership strategies and to comply with applicable tax and regulatory requirements.
Gary also is frequently called upon to assist clients with business law issues. His business law practice has extended to clients around the world and geographical locations that include the United Kingdom, The Netherlands, Luxembourg, Germany, Switzerland, Italy, the Czech Republic, Korea and Japan.
Since 1996, Gary has served as the General Counsel for the New Jersey Restaurant Association, and is often called upon to speak on behalf of issues affecting the entire restaurant industry in New Jersey.
Gary is a frequent speaker on employee benefits, ERISA fiduciary matters, pension and tax planning, and ERISA compliance.
Represented the sellers of one of the greater New Jersey region’s largest insurance brokers in a sale to one of the largest national insurance brokers.
|(Co-Author) Young Lawyers Advisory Board: The Anniversary of Bail Reform||New Jersey Law Journal||April 2, 2018|
|New Jersey Employer Alert: NJ Supreme Court Clarifies Independent Contractor Test||January 16, 2015|
Fast Food Worker Strike 09-06-2014
ERISA, Fiduciary Responsibility and What Else You Must Know, 1 of 12 11-13-2012
ERISA, Fiduciary Responsibility and What Else You Must Know, 2 of 12 12-04-2012
Introduction to Employee Retirement Income Security Act (ERISA) Part 1 of 4 by Gary Young 05-22-2012
ERISA Fiduciary Responsibility & Liability: ERISA Series Part 2 of 4 by NJ Lawyer Gary Young 05-29-2012
Department of Labor Issues Final Regulations for ERISA: Part 3 of 4 by NJ Lawyer Gary Young Jun 12, 2012 06-12-2012
Warning! Beware of ERISA Claims! Part 4 of 4 by NJ Lawyer Gary Young 06-19-2012
- Brooklyn Law School (JD, 1974); Member of the Law Review; American Jurisprudence Award
- University of Pennsylvania, (BA, 1970)
- New York, 1974
- New Jersey, 1975
- U.S. Court of Appeals, 2nd Cir.
- U.S. District Court, Dist. of New Jersey
- Essex County Bar Association
- New Jersey State Bar Association