Family Office – Charitable Remainder Trusts
Represented family office on issues related to investments by charitable remainder trusts.
Matters
Manhattan Hotel – $11 Million Preferred Equity Investment
Represented the owner of a Manhattan hotel, currently not in operation due to Covid-19, in connection with negotiating an $11 million preferred equity investment by a joint venture. The transaction included the preferred equity investment, a loan modification, and an amendment to the existing hotel management agreement with hotel brand.
High Net Worth Individual – Inbound Investments
Advised ultra high net worth individual non-resident with inbound investments, including tax issues and governance issues.
Hospitality and Real Estate Group – Cross Border Share for Share Exchange
Advised hospitality and real estate group with cross border share for share exchange, and issues related to US group structure.
Succession Planning – Women-Owned Business
Advised woman-owned business with succession planning and transfer of equity interests to employees.
Private Foundation – Program Related Investments
Advised private foundation on developing and implementing program related investments and mission related investments.
Family Offices – Overlap with Charitable Entities
Advised ultra high net worth individuals and single family offices on issues related to overlap with charitable entities, including excess business holdings and self-dealing.
Family Foundations and Family Offices – Charitable Giving
Advised family foundations and family offices on charitable giving, including grantmaking.
Family Office – Succession Planning
Advised a single-family office on succession planning, including family office ownership, structuring and continuity issues.
Charitable Entities – Unrelated Business Taxable Income Issues
Advised charitable entities on diverse issues related to UBTI (Unrelated Business Taxable Income).
Major Concessions Company – Product Offerings
Representation of major concessions company in connection with the offering of its client product offerings.
Family Office – Creation of Investment Vehicles
Represented a family office in the creation of structured family office investment vehicles.
Family Office – Structure and Jurisdiction of Holding Vehicles
Represented a family office on the structure and jurisdiction of holding vehicles for tax-efficient investment structures.
Family Investment Management Office – Investment Activities
Represented a family investment management office on investment activities, discussing U.S. and non-U.S. tax issues related to those investments.
Family Offices – Review and Negotiation of Tax-Related Provisions
Represented ultra high net worth individual and single and multiple family offices in the review and negotiation of tax-related provisions for fund documents (including side letter negotiation) for investments in private equity funds, hedge funds and venture capital funds.
Multiple Family Offices – Tax and Structuring Advice
Analyzed and provided tax and structuring advice on co-investment opportunities and venture capital investments for ultra high net worth individuals and multiple family offices.
Multigenerational Family Business – Establishment of Family Office Structure
Assisted branch of a multigenerational family business in setting up a family office structure to provide centralized investment management and operations. This representation included restructuring investment and operating entities to aggregate relevant ownership interests into the family office ownership structure.
New Market Tax Credits – Construction of Mixed-Use Building – West Virginia
Represented a regional bank and their investment partner in financing the construction of a mixed-use building in West Virginia with commercial space and 16 rental apartments. The apartments are targeted to provide affordable housing to teachers in the community.
New Market Tax Credits – Redevelopment of Indiana Industrial Facility
Represented a regional bank and their investment partner in financing the modernization and expansion of an industrial facility in Indiana. The facility will add approximately 20,000-sq.-ft. of additional manufacturing space which will be used for additional manufacturing lines. Once final, the renovated and updated facility will create an additional 20 to 30 jobs in the community.