FacultyFaculty/Author Profile

Joel I. Krasnow

Milbank Tweed Hadley & McCloy

New York, NY, USA

Joel Krasnow is a partner in the Executive Compensation and Employee Benefits Group of Milbank, Tweed, Hadley & McCloy LLP. His practice includes all aspects of employee compensation and benefits law, with a particular focus on ERISA's fiduciary rules. He regularly advises clients concerning the ERISA aspects of investment products designed for pension plans and the structuring of such products. With regard to these products, which include private equity, real estate and hedge funds as well as securitization, structured finance and project finance transactions, Mr. Krasnow has represented sponsors and underwriters, as well as the pension plans of Fortune 500 companies. Mr. Krasnow also advises clients on the fiduciary obligations imposed on plan fiduciaries, including the impact of ERISA's prohibited transaction rules, and has obtained, on behalf of clients, Department of Labor exemptions from ERISA's prohibited transaction rules. Mr. Krasnow also has significant experience in executive compensation matters as well as the benefit aspects of merger and acquisition transactions and ERISA-related litigation.

Mr. Krasnow co-authored "Application of Plan Asset Rules to Plan Investments and Contributions" in the ERISA Fiduciary Law treatise (BNA Publications, 2006) and "ERISA's New '25%' Test -- What's in it for Private Equity Fund Sponsors and Institutional Investors?" in the Venture Capital and Private Equity Yearbook 2006/07 (Euromoney Yearbooks, 2006). He is listed in The Best Lawyers in America for Employee Benefits Law.

Mr. Krasnow graduated from Columbia University Law School, J.D., in 1989 and Touro College, B.S., in 1984. He is admitted to practice in the State of New York and is a member of the New York State Bar Association.



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