John C. Khil
John Khil is the Chair of the firm's Tax practice
Representative Matters
Qualified Retirement Plans Advise hundreds of employers in the tax treatment and fiduciary obligations relating to the design, investment, and maintenance of plans, including profit sharing, 401(k), money purchase, defined benefit, target benefit, age-weighted, cash balance, ESOPs, and other plans.
Executive Compensation Advise public and private corporations in nonqualified deferred compensation plans and executive compensation, including SERPs stock options, stock appreciation rights, phantom stock, rabbi trusts, golden parachutes, and excess benefit plans.
Employee Stock Ownership Plans Handle leveraged employee stock ownership plan transactions for public corporations from acquisition of stock to disposition of stock upon takeover. Structure succession of closely held corporations through
Collectively Bargained Pension & Welfare Trust Funds Advise jointly administered Taft Hartley welfare and pension funds, including qualified 401(k), pension, and VEBA plans, on all facets of tax, fiduciary, and ERISA law compliance.
Prototype Plan Sponsors Represented financial institution in obtaining favorable closing agreement with IRS for failure to timely adopt and amend prototype retirement plan and IRA documents on behalf of customers.
Exempt Organizations Advise tax-exempt
Funding Waiver Obtained $30 million pension plan funding waiver from IRS relating to employer's financial distress. Structure hundreds of plan terminations and obtain IRS and Pension Benefit Guaranty Corporation (PBGC) approvals.
Window Benefit Program Advised public corporation in structure and implementation of early retirement window benefit program, including treatment of age discrimination issues.
Postretirement Medical Plan Advise employers on postretirement medical benefits, cost containment methods, and funding methods for purposes of FAS 106. Draft VEBA and nonqualified plans providing postretirement medical benefits.
Prior Employment
- Internal Revenue Service, Office of Chief Counsel
,Attorney-Advisor , Employee Plans and Exempt Organizations Division
Distinctions
- Listed in Chambers USA: America's Leading Lawyers for Business 2018 for Labor & Employment Law: Employee Benefits & Compensation (Band 1)
- Selected by attorney peers for inclusion in The Best Lawyers in America 2018 for Employee Benefits (ERISA) Law and Tax Law; listed since 1995
- Selected by attorney peers for inclusion in Super Lawyers for Employee Benefits/ERISA
Affiliations
- Hawai`i State Bar Association
- American Bar Association, Committee on Employee Benefits; Member, Section of Taxation; Subcommittee on ESOP's, TRASOP's, and
PAYSOP's and the Task Force on Welfare Benefits Funds; Subcommittee on Special Compensation Problems of Small Business
- Named Best Lawyers 2018 "Lawyer of the Year" for Employee Benefits (ERISA) Law
- Selected by attorney peers for inclusion in The Best Lawyers in America 2018 for Employee Benefits (ERISA) Law and Tax Law; listed since 1995
- Selected by attorney peers for inclusion in Super Lawyers for Employee Benefits/ERISA
- Chambers USA: America's Leading Lawyers for Business 2018—Labor & Employment Law: Employee Benefits & Compensation (Band 1)
Honolulu, Hawaii 96813