Tax
USA Guide 2024 : Pennsylvania
Band 2
Email address
[email protected]Contact number
+1 215 569 5500About
Provided by Blank Rome LLP
We advise on tax matters with federal, state and local, and foreign implications, regarding the tax aspects of corporate, financial and real estate transactions; estate planning; and tax aspects of employee benefits/executive compensation. We handle state and local tax planning, controversies, audit defense, and litigation, and advise private clients on tax consequences of matrimonial matters, estate planning and charitable giving.
In advising on tax aspects of investment fund formation, we assist sponsors and investors in the formation of, and transactional work for, private equity and venture capital funds, real estate funds, and hedge funds, and related compensation arrangements, including design of carried interests. We're nationally known for advising foundations and endowments with billions in assets.
Thanks to our experience representing real estate investment trusts on the tax aspects of mergers, acquisitions, joint ventures, credit facilities, and financings, we've achieved considerable success for clients in Section 1031 exchanges, and in structuring foreign investments in U.S. real estate.
Our practice leader's former experience as a CPA in leading global accounting firms has strengthened our advice on tax accounting and tax financial management issues.
Our employee benefits/executive compensation practice was strengthened in 2017 when we welcomed a top team from Pepper Hamilton, with 70 years of combined experience and who have worked together for over 20 years.
Chambers Review
Blank Rome offers experienced counsel in corporate transactions and tax issues concerning real estate deals, including those involving foreign investors. It is also recognized for its fund formation practice. The team is experienced in New Markets Tax Credits and opportunity zone fund issues.
Work Highlights
- Blank Rome represented Tallgrass, a Blackstone-affiliated energy and infrastructure company, in its acquisition of Ruby Pipeline through a competitive auction process.
Strengths
Provided by Chambers
"Blank Rome has a very experienced and sophisticated team. It can get to the heart of the issue quickly without extensive research."
"Blank Rome is outstanding. It has best-in-the-class knowledge, while also being practical and pragmatic. The team miss nothing."
"Its attorneys not only have strong expertise and experience, but also are respectful, practical and pragmatic."
"Blank Rome has a very experienced and sophisticated team. It can get to the heart of the issue quickly without extensive research."
"Blank Rome is outstanding. It has best-in-the-class knowledge, while also being practical and pragmatic. The team miss nothing."
"Its attorneys not only have strong expertise and experience, but also are respectful, practical and pragmatic."
Notable Practitioners
Cory Jacobs is a respected tax attorney whose specific areas of strength include advising clients on M&A transactions, business taxation issues and real estate deals.
"He is highly skilled and client-focused."
"He's good at focusing on the overall big picture and has an excellent accounting background. He is a superstar."
"He is a great partner in helping us get deals done tax-efficiently."
Daniel Blickman has a wealth of experience in dealing with transactional tax matters, particularly relating to investment funds and real estate.
"He is very good at what he does."
"He has a very good reputation."