James R Barry

Practice Areas

James R. Barry is senior counsel in Mayer Brown’s Tax practice and a member of the Tax Transactions & Planning team. Jim previously served as a co-leader of the firm’s global Tax practice. He represents US corporations and individuals in tax planning for foreign and domestic operations, as well as foreign corporations and individuals in tax planning for US operations. His work includes tax planning for restructuring of existing foreign and US corporate groups, spin-offs, and acquisitions of foreign and domestic corporations, including obtaining private letter rulings from the Internal Revenue Service. He has been described as someone who is "very well versed in this highly technical area" and “is a super smart and insightful lawyer." (Chambers USA).

Jim also represents sponsors and investors in real estate funds, hedge funds, and other investment entities, as well as offshore insurance companies regarding US taxation of their income and related issues. He represents creditors and debtors in tax planning for workouts of financially troubled companies to minimize tax costs of restructuring and preserve tax attributes (including several detailed matters under Section 382 of the Internal Revenue Code). In addition, Jim represents corporations and investment bankers regarding tax implications of issuing financial instruments and securitization and other financing, as well as the impact of the alternative minimum tax.