| Biography:
Neal S. Schelberg is a partner in the Labor Department of Proskauer Rose LLP, where he practices exclusively in the area of employee benefits law. He provides
legal counsel to numerous single employer and multiemployer pension and welfare funds, as well as to the sponsors of such plans. Neal has been involved in all
phases of Proskauer's employee benefits practice, including drafting plan documents; qualifying plans with the IRS and ensuring their continued compliance with applicable
statutes and regulations; and providing legal advice with respect to ERISA's requirements.
Neal has also had extensive experience in the employee benefit aspects of purchases, sales, mergers, leveraged buyouts and other forms of business acquisitions,
consolidations and reorganizations and the formation of limited partnerships. He regularly structures, drafts and negotiates the employee benefit provisions
in such transactions. Neal reviews and assesses the potential employee benefit liabilities and provides legal counsel on these and other benefit issues. He also
provides legal advice in connection with mergers, spin-offs and asset transfers between employee benefit plans.
As a member of Proskauer's Sports Law Group, Neal serves as benefits counsel to professional sports leagues, advising on employee benefit issues affecting professional athletes and other league and team personnel such as officials, general managers, coaches, scouts and trainers.
Neal is a graduate of Georgetown University Law Center (LL.M. 1985) and Hofstra University School of Law (J.D. 1979), where he was a Notes and Comments Editor of the Hofstra
Law Review. He received his graduate (M.A. 1976) and under graduate (B.A. 1975) degrees from Brooklyn College.
Neal regularly writes and speaks on employee benefits law topics. He is co-author of ERISA Fiduciary Answer Book, a contributing author to Trustees Handbook (Fifth Edition) and, for many
years, co-authored the "Cases and Rulings" column for Pension Management magazine. He has also published articles for many benefits and tax law journals.
He has taught courses in the Certified Employee Benefits Specialist (CEBS) program at New York University and has lectured on employee benefits law at Fordham University
Law School. In a May, 1998 survey published in The National Law Journal, Neal was selected by his peers as one of the "Top Benefit Lawyers" in the United
States and is listed in The 2000 Euromoney Legal Group Guide to The World's Leading Labor and Employment Lawyers. He is a member of the New York and District
of Columbia Bars.
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