Of counsel in the Paul Weiss's employee benefits and executive compensation group, Robert Fleder has handled ERISA, employee benefits and executive compensation matters for over 40 years. Described in US News & World Report/Best Lawyers as "without question the 'Dean of the Bar' in his practice area globally, period," Rob is recognised as one of the leading lawyers in the United States in the area of employee benefits and executive compensation, by peer review organisations Chambers USA, The Legal 500 and Best Lawyers in America.
Rob has extensive and sophisticated experience in the legal, accounting, actuarial and human resource issues connected with the implementation and operation of employee benefit plans and executive compensation arrangements. In numerous merger and acquisition transactions, he has addressed the issues that arise in connection with the assumption of (or failure to assume) benefit plans and other employee obligations. His major transactions include representation of the airline pilots who led the successful multi-billion dollar effort to have employees acquire a majority stake in United Airlines through an ESOP.
Rob has been involved in defending and settling significant ERISA fiduciary claims involving private plaintiffs and the Department of Labor. Additionally, he has done much work in advising on ERISA fiduciary matters for investment funds and plan fiduciaries. Corporate bankruptcies often require major support on benefits and executive compensation, and Rob has significant experience with PBGC, the federal agency that insures underfunded pensions when a plan sponsor fails, and dealing with multiemployer pension plan withdrawal liability.