Andrew P Solomon

Tax; Tax Controversy; Financial Services; Bank Regulatory; Insurance; Investment Management; Intellectual Property & Technology Transactions; Mergers & Acquisitions; Private Equity; Restructuring & Special Situations; General Practice

Andrew Solomon was elected as partner of Sullivan & Cromwell in 1992. Mr. Solomon served as the managing partner of the Firm’s Tax Group for 17 years and became Of Counsel in 2015. He has had a broad-based practice, involving both tax planning and dispute resolution and coordinated the Firm’s tax practice worldwide from offices in New York and London.

Mr. Solomon has been active in structuring and restructuring acquisitions, divestitures (including spin-offs) and joint ventures, especially cross-border transactions. He was instrumental in advising many clients about tax issues arising in connection with the last (2008) financial crisis and their restructuring in response to the crisis. He has also assisted clients in obtaining rulings and other administrative relief from the Internal Revenue Service, and in connection with Internal Revenue Service audits and controversies (at the IRS Appeals Office and in court).

Mr. Solomon has worked closely with, and is familiar with the particular cross-border tax issues affecting, global industrial companies, technology and other companies that license intellectual property, natural resource companies (including both mining and oil and gas companies) and private equity and hedge funds.

He also has had extensive experience advising financial institutions, including insurance companies, as well as banks and securities and commodities dealers. He is highly regarded for the quality of his advice on the taxation of complex financial products and has helped many clients with the design and implementation of those products.

ABA;

University of Miami School of Law, Graduate Tax Program, Member of the Faculty (adjunct);

Executive Committee of the New York State Bar Association’s Tax Section – Member-at-Large;

Member, Planning Committee, University of Chicago Tax Conference;