John P. Hendrickson is a partner in the law firm of McDermott Will & Emery LLP based in the Chicago office. As a member of the Firm’s Employee Benefits Department, John concentrates his practice on employee benefits and executive compensation.
John serves as counsel to several of the United States’ largest corporations on all aspects of their employee benefit and executive compensation programs and regularly represents clients of all sizes. He has extensive experience in designing and implementing employee benefit plans and executive compensation programs in particular in the context of business transitions and representing his clients before the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation.
Representative Experience
Represented a Fortune 150 company in the restructuring of its $500M employee stock ownership plan resulting in $850M long-term cost savings to the company
Represented a Fortune 200 company in the conversion of over $450M in convertible preferred stock held by its employee stock ownership and 401(k) plan
Represented a Fortune 500 company in the design and implementation of employee benefits and executive compensation benefits for a $11B high-end consumer products public spin off
Represented a Fortune 200 company in the design and implementation of employee benefits and executive compensation programs for a $4.3B supply company spin off
Represented a Fortune 100 company in the resolution of an IRS tax controversy involving one of its employee benefit programs resulting in a $24M tax savings to the company
Secured an IRS private letter ruling for a Fortune 100 company regarding the use of private grantor trusts to secure and fund supplement executive retirement benefits
John was named by The National Law Journal as one of the top employee benefits lawyers in the United States. John received his J.D. from University of Notre Dame Law School in 1980 and a B.S. in 1977 from South Dakota State University.
Education:
University of Notre Dame Law School, J.D., 1980
South Dakota State University, B.S., 1977 |