DEPARTMENT PROFILE

Blank Rome LLP

Tax

3 ranked lawyersBand 5New YorkUSA 2021 View ranking table

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What the team is known for

Respected team with notable expertise in SALT matters. Regularly advises clients on the tax aspects of M&A, joint venture arrangements and reorganizations. Sector expertise covers retail, energy and food and beverage.

Work highlights

Successfully represented TransCanada Facility USA before the New York State Tax Appeals Tribunal in a case centered around whether the company was defined as a manufacturer, and the associated franchise tax with such a definition.

Notable practitioners

Craig Fields is noted for his extensive experience representing clients in state and local tax disputes. He is a go-to practitioner for issues concerning income tax and sales and use tax, among other levies.
"It is great working with him; he is very responsive and easy to deal with." "We enjoy working with him and have had positive outcomes."

Hollis Hyans is experienced in acting on state investigations among other state and local tax matters. In addition to appearing in court, she is highly experienced in representing clients before administrative tribunals.

Irwin Slomka is adept at handling state and local tax controversies. His sector expertise covers banking, telecommunications and healthcare.
"He is thoughtful and insightful."

Department Information

This content is provided by Blank Rome LLP.

Overview

•    Practice handles domestic and international transactions, trusts and estates, and tax controversies
•    Structure tax aspects of corporate and real estate transactions, in the middle market and $1 billion+
•    Handle tax audit defense and tax litigation matters
•    Practice is about 75 percent transactional, 25 percent litigation
•    For private clients, we advise on tax consequences of matrimonial matters, and tax aspects of estate planning and charitable giving.

How do we stand out?

Maritime – we advise maritime-related companies on tax aspects of transactions. We work closely with Blank Rome’s shipping team, and with excellent in-house maritime experience, such as unparalleled knowledge of the Jones Act, the law that governs the U.S. shipping industry, we are hard to beat as legal advisor on these deals.

Real estate – our New York tax team is strong in the real estate sector, notably in advising on the tax aspects of real estate investment trusts (REITs). We have extensive experience representing private and publicly traded REITs in the tax aspects of mergers, acquisitions, joint ventures, credit facilities, and financings.

Matrimonial – We are among the top matrimonial and family law practices in the country, dating back to the New York office legacy firm, Tenzer Greenblatt. Our tax lawyers do a lot of work advising on the tax aspects of separations of corporate and real estate assets, and how to divide assets in a tax-efficient way.