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Gary S. Young, Member

Gary S. Young

Member

gyoung@lawfirm.ms

3 Becker Farm Road, Suite 105
Roseland, NJ 07068
Tel: 973-736-4600 x361
Direct Dial: 973-607-1276
Fax: 973-325-7467

Gary S. Young is a Member in Mandelbaum Salsburg’s Corporate and ERISA Practice Groups where he utilizes his over 40 year of legal experience to provide clients with a unique perspective on ERISA and tax matters. He concentrates his practice on ERISA, employee benefits, executive compensation and assisting businesses and individuals with drafting business formation contracts and documents and advising on tax audit rules. In addition to his strong regional presence, 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.

Beginning his career as a traditional labor law attorney, he provides employment law advice to private sector employers on subjects such as wage & hour compliance, workplace harassment, FMLA, etc. This coupled with his extensive ERISA knowledge allows him to successfully represent contributing employers to multi-employer plans in withdrawal liability issues and strategies.

He has a broad knowledge and experience in ERISA which 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. His 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.

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.

Since 1996, Gary has served as the General Counsel for the New Jersey Restaurant and Hospitality 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.

Essex County Bar Association
New Jersey State Bar Association

Overview

Gary S. Young is a Member in Mandelbaum Salsburg’s Corporate and ERISA Practice Groups where he utilizes his over 40 year of legal experience to provide clients with a unique perspective on ERISA and tax matters. He concentrates his practice on ERISA, employee benefits, executive compensation and assisting businesses and individuals with drafting business formation contracts and documents and advising on tax audit rules. In addition to his strong regional presence, 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.

Beginning his career as a traditional labor law attorney, he provides employment law advice to private sector employers on subjects such as wage & hour compliance, workplace harassment, FMLA, etc. This coupled with his extensive ERISA knowledge allows him to successfully represent contributing employers to multi-employer plans in withdrawal liability issues and strategies.

He has a broad knowledge and experience in ERISA which 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. His 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.

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.

Since 1996, Gary has served as the General Counsel for the New Jersey Restaurant and Hospitality 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.

Professional Affiliations

Essex County Bar Association

New Jersey State Bar Association

Admissions

New York, 1974

New Jersey, 1975

U.S. Court of Appeals, Second Circuit

U.S. District Court, District of New Jersey

Education

Brooklyn Law School, J.D.

University of Pennsylvania, B.A.