Jason P. Faust
Associate
222 North LaSalle Street Chicago, Illinois 60601
- jfaust@vedderprice.com
- VCard
Jason P. Faust
Associate
Jason P. Faust is an associate in the firm’s Chicago office, and a member of the firm’s Executive Compensation & Employee Benefits group.
Mr. Faust focuses his practice on providing strategic counsel to a variety of clients regarding employee benefits and executive compensation matters.
Mr. Faust’s extensive employee benefits and compensation experience includes advising clients in relation to:
- Qualified defined benefit and defined contribution retirement plans, including 401(k) and 403(b) plans
- Health and welfare plans, including Patient Protection and Affordable Care Act compliance
- Nonqualified deferred compensation plans
- Multiemployer pension and health and welfare plans
- Employee Retirement Income Security Act (ERISA) and Internal Revenue Code compliance
- Employee benefits issues in the context of mergers and acquisitions
In addition to his wide-ranging experience, clients also benefit from Mr. Faust’s unique background and perspective on employee benefits. Prior to entering private practice, he served as in-house counsel for one of the nation’s largest Taft-Hartley defined benefit pension plans, as a compliance associate for a benefits, compensation, and human resources consulting firm, and as an extern with the U.S. Department of Treasury’s Office of Benefits Tax Counsel.
In 2020, Chambers USA has named Mr. Faust an "Associate to Watch" in the Executive Compensation and Employee Benefits category and in 2021, The Legal 500 United States recognized Mr. Faust in the category of Executive Benefits and Employee Compensation & Retirement Plans – Design. In 2012, Mr. Faust received the Excellence in Employee Benefits Law Award from the Chicago Bar Association in recognition of his outstanding performance in The UIC John Marshall Law School’s LL.M in Employee Benefits program.
Jason P. Faust
Associate
Education
- Marquette University, B.A., 2005
- The John Marshall Law School, J.D., 2012, cum laude
- The John Marshall Law School, LL.M., 2015, with honors
Jason P. Faust
Associate
Bar Admissions
- Illinois, 2012
Court Admissions
- U.S. District Court, Northern District of Illinois, 2012
Jason P. Faust
Associate
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Publications
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April 15, 2021 | Newsletter/Bulletin
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July 14, 2020 | Newsletter/Bulletin
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April 3, 2020 | Newsletter/Bulletin
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Jason P. Faust
Associate
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News
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June 10, 2022 | Press Release
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June 17, 2021 | Press Release
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April 23, 2020 | Press Release
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Jason P. Faust
Associate
Experience
Notable examples of Mr. Faust's work include:
- Providing day-to-day employee benefits compliance counseling for a Fortune 500 food production company as well as assisting with the employee benefits aspects of its numerous acquisitions and divestitures.
- Counseling a private equity client on the ERISA aspects of its $400 million acquisition of a leading supply chain operating network
- Successfully advising a client on the ERISA aspects of the $500 million recapitalization of one of the largest private providers of anatomic pathology and clinic lab services in the U.S., which involved many controlled and affiliated service group issues
- Counseling an energy client on how to limit the retirement, health and welfare, and executive compensation liabilities involved in their Chapter 11 bankruptcy proceedings
- Advising a client on the benefits integration and ERISA aspects of its $1.65 billion acquisition of a software company, which required completing all due diligence