En Banc Second Circuit Reinstates Conviction Despite Government Retention of ESI
Funds Talk: June 2016
Howard J. Rothman, Chair of the Tax Department, advises and represents incorporated and unincorporated business entities in a comprehensive range of planning, including the international, federal, and state and local tax aspects of structuring mergers and acquisitions and other complex corporate and real estate transactions. Mr. Rothman also provides personal planning for high-net-worth individuals, including gift and estate tax planning and advice to not-for-profit corporations. Mr. Rothman’s skill and experience touch on several specific areas of tax law, and his particular strength is his ability to use his in-depth knowledge of tax issues and an acute understanding of clients’ business needs and industries to develop creative and practical solutions. He is known for advising clients on the business side of issues and transactions, in addition to the tax side. Mr. Rothman counsels domestic and foreign clients across a broad spectrum of industries. He has particular experience in real estate, entertainment, apparel and fashion. Among his most notable recent work, Mr. Rothman advised Del Monte Pacific Limited in its acquisition of the U.S. consumer foods businesses of Del Monte Corp. and counseled Scientific Games on tax issues related to its sale of Scientific Games Racing to Sportech Plc. His recent private equity-related work includes providing tax counsel to Propel Equity Partners, a private equity firm focused on investing in leading consumer brands, in connection with its acquisition of ALEX®, a leading maker of children’s creative products; advising a private equity firm in connection with the acquisition of a 30 percent interest in a chain of restaurants; and providing tax advice in connection with the sale by a fashion designer of a minority interest in his company to a private equity fund. Mr. Rothman also recently provided tax counsel in connection with the sale of a major New York real estate property to a strategic buyer. Legal 500 US has repeatedly recognized Mr. Rothman as a leading practitioner in Tax. He has also been named to Turnarounds & Workouts magazine’s list of “Bankruptcy Tax Specialists in the Nation’s Major Law Firms” for the last five years. Mr. Rothman is also the co-author of two well-known tax-related treatises for BNA Bloomberg, “Transfers to Controlled Corporations” and “Capital Assets.” In addition to leading the Tax Department, Mr. Rothman serves as member of Kramer Levin’s Executive Committee.