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John is special counsel in the business law department focusing his practice on employee benefits. He has 27 years of diverse experience in law firms, as in-house counsel with Fortune 50 multinational corporations and with top ten national consulting firms. John's practice includes all aspects of design, compliance and implementation of employee benefits and executive compensation, with a particular emphasis on negotiation and management of employment and benefits issues in mergers and acquisitions. He has had numerous engagements in connection with the acquisition and divestiture of multi-billion dollar global operating companies, and the formation and dissolution of global joint ventures. Prior to joining Kennedy Covington, John was Associate General Counsel - Benefits at New York Life Insurance Company, where he was responsible for legal compliance of all employee and executive benefit plans and benefits-related product offerings. Prior to law school, John served in the United States Air Force from 1972-1977.
Representative Matters
Represented a public company in the negotiation of all employment and benefits matters in a spin-off/merger of a cable operating subsidiary, valued at $40 billion.
Represented a public company in the negotiation of all of employee benefits matters in a multi-billion dollar spin-off of a wireless operating subsidiary, including complex issues involving stock option adjustments; helped design and implement long-term incentive compensation, 401(k) and health and welfare plans for the spun-off company.
Negotiated and drafted the employee matters agreement in connection with the $5 billion acquisition by a public company of a global telecommunications network with diverse and complex issues in 87 countries in Europe, Asia and Latin America.
Represented a telecommunications company in connection with the employment and benefits aspects of the creation of a global joint venture with a British company; designed, drafted and helped implement pension, savings, health and welfare and executive incentive compensation plans for the joint venture.
Represented a public company with respect to employment and benefits issues in the sale of its credit card division, valued at $650 million.
Negotiated and drafted the employee matters agreement in connection with the sale by a public company of its record-keeping and customer care business, with more than 13,000 employees.
Represented a public company with respect to employment and benefits issues in the separate sale of its communications satellite division and its undersea cable operating subsidiaries.
Managed successful litigation in Minnesota and Pennsylvania for guaranty association coverage of $200 million in guaranteed investment contracts issued by the failed Executive Life Insurance Company.
Publications, Presentations and Awards
"The Contingent Workforce," presentation at American Bar Association CLE
"Accommodating the Contingent Workforce: Bargaining and Benefits," presentation to ERISA Industry Committee
"Successfully Managing Cross-Border Transactions," presentation at National Foreign Trade Council
Professional, Civic and Community Involvement
Professional: American Bar Association, Business Law and Labor and Employment Law Sections
Civic/Community: Main Line YMCA, Ardmore, PA, Board of Managers, 1992-1994; Assistant Swim Coach, 1991-1994
ASA/Aon Consulting Cycling Team to support the National Multiple Sclerosis Society, Team Captain, 1995-2003. | 