Milbank, Tweed, Hadley & McCloy LLP has announced that five attorneys have been elected to the firm’s partnership including one new tax partner.
Eschi Rahimi-Laridjani is based in the New York office.
Ms. Rahimi-Laridjani’s practice focuses on the taxation of complex financing transactions, financial products and derivatives, US and foreign securities offerings, structured finance and asset securitization transactions and investment funds. She has significant experience structuring tax-efficient solutions that facilitate inbound investment by funds and foreign and sovereign investors in a variety of asset classes as well as cross-border mergers and acquisitions. She received her law degree from the New York University School of Law.
Ms. Rahimi-Laridjani is also fluent in German.
Akin Gump has announced that Seth D. Slotkin has joined the firm’s tax practice in New York, where he will be a partner in its private client services group. Mr. Slotkin was previously a partner at Stroock & Stroock & Lavan.
Mr. Slotkin counsels high-net-worth clients in all aspects of trusts and estates law, including estate planning and estate and trust administration and litigation. He also assists individual clients and families with the establishment and management of charitable giving programs, including the creation of private foundations and public charities. In addition, he advises young entrepreneurs and executives on succession, tax and estate planning.
“As our clients seek counsel on their most pressing estate planning needs, Seth will be a strong addition to the firm,” said Akin Gump chairperson Kim Koopersmith. “His extensive experience with private client work, combined with his deep knowledge of the many industries in which our clients operate, will be extremely beneficial, and I am very happy he has joined us.”
Mr. Slotkin also has significant experience concerning the use of business entities, such as limited partnerships and limited liability companies, and sophisticated trusts, including grantor retained annuity trusts and intentionally defective grantor trusts, in estate plans to produce optimal valuations from a tax perspective and reduce tax liability. In more than two decades of practice, he has developed a strong reputation in the private client community.
“Seth will be an integral part of our practice as we continue to expand our work for private clients on a wide range of issues,” said Stuart E. Leblang, co-head of Akin Gump’s tax practice. “With his keen understanding of the structure of limited partnerships, limited liability companies and sophisticated trusts, among other key areas, Seth will be a truly valuable counselor to our clients, particularly those in the hedge fund and private equity space. I am delighted to have him on our team.”
Added Mr. Slotkin, “The domestic and cross-border nature of Akin Gump’s private client services work is very impressive and, combined with the breadth of industries in which the firm is strong, was a big factor in my decision to come here. I am eager to build upon the personal relationships the firm already has with its diverse client base, and am excited by the opportunities that lie ahead.”
Mr. Slotkin is chair of the Trusts and Estates Committee of the United Jewish Appeal—Federation of Jewish Philanthropies. He also is a member of the Planned Giving Advisory Committee at New York Presbyterian Hospital.
Mr. Slotkin received LL.M. and J.D. degrees from New York University School of Law. He received his B.A. degree from Emory University.
Proskauer has announced the arrival of tax partner Stephen Pevsner in the Firm’s London office.
“We are delighted to welcome Stephen to the team. He joins us at an exciting time as we continue to enhance our corporate capabilities. Stephen is a leader in tax, with extensive transactional and funds experience, and is a great complement to our tightly integrated offering to asset managers” said Mary Kuusisto, head of the London office.
Mr. Pevsner’s practice focuses on UK and international M&A and private equity transactions, corporate reorganizations, and new business formations. Offering a broad range of corporate tax strategy experience, his clients include global corporations, investment banks, and private equity sponsors and investors. In addition to his wealth of transactional knowledge he also has substantive experience advising on the formation of private investment funds and the establishment of investment management and advisory limited partnerships.
The arrival of Mr. Pevsner follows a number of recent high-profile additions to Proskauer’s London office, as it continues to grow its corporate platform, including M&A and private equity partners Rob Day, Andrew Wingfield and Eleanor Shanks, finance partner Ben Davis, and private equity real estate partners Joanne Owen and Vikki McKay.
Travers Smith has announced that Simon Skinner has been appointed as new head of the firm’s tax practice with effect from 1 January 2017.
Simon Skinner joined Travers Smith in 2006 and became tax partner in 2007. He specialises in corporate and management taxation, in particular focusing on the private equity sector. In addition to public and private M&A, he advises on debt and equity restructuring, public-to-privates, demergers, IPOs and joint ventures. He also regularly advises founders and management teams, in addition to institutional investors.
As head of tax, Simon leads the team of nine tax partners and 38 tax fee-earners in total. In his new role, he has succeeded Travers Smith’s senior practitioner Kathleen Russ, who has led the tax practice for the past 9 years, developing it into one of the largest and most diverse tax practices in the City, numbering nine partners in total, including four female partners.
Going forward, Kathleen will remain a partner in the tax team and also continue with her existing responsibilities at the firm including the membership of the firm’s Partnership Board. She will also dedicate time to the Board of the Office of Tax Simplification following her appointment as a non-executive director by the Chancellor of the Exchequer. The Office of Tax Simplification was established in 2010 to provide advice to the Chancellor on simplifying the UK tax system and was made a permanent, independent office of HM Treasury. Kathleen is one of only three new appointments to the board chaired by Angela Knight CBE, along with Paul Johnson, Director of the Institute of Fiscal Studies and John Cullinane, Tax Policy Director at the Chartered Institute of Taxation.
Travers Smith’s Managing Partner David Patient commented: “Over the years Travers Smith’s tax department has not only grown into one of our firm’s key business areas, but also carved a strong reputation in the market for excellence and diversity of its team members. This is largely due to Kathleen’s dedication and excellent leadership skills and I would like to thank her for her contribution to the success of our tax practice to date. Many congratulations to Simon Skinner on his new appointment. I have no doubt that under his capable leadership our tax practice will continue to go from strength to strength.”
Simon Skinner commented: ”It is a privilege to take over the leadership of this vibrant department from Kathleen Russ, who has made an enormous contribution to the cohesion and success of our team. I very much look forward to working alongside my talented colleagues on taking our practice to the next stage of development going forward.“
The practice is divided into four groups including transactional tax, asset management and investment funds, corporate finance and the employee incentives group. The team works for a broad range of clients across industry sectors, from established global brands to start-ups and entrepreneurs, including Bridgepoint, Peel Group, Exponent, Melrose Industries plc and The Carlyle Group, amongst others. Most recently the team advised Micro Focus International plc on its $8.8 billion merger with Hewlett Packard Enterprises software business; Bridgepoint and management on the tax implications of the sale of Oasis Dental Care, the UK’s leading private dental services provider to BUPA, in a transaction valuing the business at £835m and Pret A Manger on a refinancing and significant upsizing of its existing senior debt facilities.
Bryan Cave LLP has expanded its market-leading, London-based U.S. Private Client Team with the addition of David Adler, who joins as a Partner from McDermott Will & Emery.
David is a U.S. tax lawyer who advises international entities, individuals and intermediaries on planning that has a U.S. component. Along with core U.S. federal income, estate and gift tax advice, he provides a U.S. perspective on issues of wealth preservation and transfer, as well as on corporate governance and family succession for privately held businesses.
He is also a highly experienced adviser on issues arising under the U.S. Foreign Account Tax Compliance Act (FATCA) and the OECD Common Reporting Standard.
David will work closely with Bryan Cave London Partner Dyke Arboneaux, a Chambers Global-ranked private client specialist. Over the past 28 years, Dyke has built a strong practice focused on trustees and international families who are exposed to multiple tax systems.
Dyke said: “As international tax regulations have become more complex, onerous and far-reaching – particularly following the implementation of FATCA – we have seen a huge increase in requests from high-net worth individuals, their advisers and their trustees, for detailed technical assistance. Often, apparently simple decisions can create unforeseen issues that, if not handled correctly, can prove difficult to resolve.”
“Our experience in advising on international matters and our exceptionally strong team in the States means that we are ideally placed to help clients navigate tax and estate planning issues effectively,” she added. “Indeed, ensuring we have the capacity to meet the growing demand has been challenging, so we are delighted that we’ve been able to attract a lawyer of David’s caliber to join our team.”
David added: “Bryan Cave’s Private Client Team in London, with its impressive reputation and its focus on helping those with U.S. interests, is a perfect fit for me. I have also been attracted by the collaborative and friendly culture at the firm. I am looking forward to working with Dyke and her team, as well as with the strong group of attorneys in the U.S., and I am extremely excited about the potential to deliver a great service to clients in an area that is increasingly important to their interests.”
Duff & Phelps recently announced that Managing Director Jill Weise has been promoted to Transfer Pricing Group practice leader for North America. Jill has been with the firm for four years and brings more than 20 years of transfer pricing experience to her new and expanded responsibilities.
Mike Heimert, global leader of Duff & Phelps’ Transfer Pricing practice, commented “Tax risk management will continue to be a paramount consideration for businesses in the years ahead, and Jill brings unique experience, technical skill and industry relationships to her work with clients in this regard. We are delighted that she will be an instrumental part of our practice’s leadership team as we continue providing an independent and uncompromised perspective to clients across the globe.”
Jill is resident in Duff & Phelps’ Boston office, where she has been leading the firm’s New England transfer pricing team. Throughout her career, she has worked with clients in New England and beyond to address an array of transfer pricing issues across myriad industries, including technology, pharmaceuticals, industrial products, chemicals, food and beverage, retail, and automotive. In addition, Jill is a Certified Business Economist through the National Association of Business Economists (NABE).
As part of Duff & Phelps’ expanding Transfer Pricing practice, the firm also announced that Todd Szalkowski, who recently joined Duff & Phelps’ Dallas office, has been promoted to Managing Director.
Europ Assistance (a global corporate operating in the care services sector) has hired Patrice Bensaid as Group Head of Tax, with effect from January 2017.
Mr Bensaid joins from Sage where he was Head of Tax Europe & Global Head of Transfer Pricing, a role he has held since 2011. Mr Bensaid has significant commercial tax experience. Prior to joining Sage in 2009 he was Group Tax Manager at Atos and before that worked in the tax team at ExxonMobil.
He is based at the headquarters in Paris.
John joined KPMG in 2007, after graduating as a Doctor of Laws, and has completed an Advanced Masters in International Taxation at the International Tax Centre, University of Leiden. John advises a variety of multinationals and high net worth individuals on their international corporate structures, as well as focuses on advising retirement scheme administrators on their operations in Malta. John provides in-house training on soft skills and technical matters, both in Malta and for the KPMG network at large. John is a Council member of the Malta Institute of Taxation, as well as chairs the Direct Tax Technical Committee. He is also a lecturer at the Malta Institute of Taxation’s Professional Certificate and is a speaker at various seminars.
Clifford joined KPMG in 2004 after successfully completing his Bachelor of Accountancy (Hons) Degree at the University of Malta. Following a number of years working within the Audit function in Malta and Ireland, he joined the Accounting Support Services team in 2008 and has progressively advanced in his career with his major focus now centred on advising and assisting international and local clients in financial reporting, indirect taxation and payroll.
Clifford currently leads the firm’s accounting and payroll support service lines. He regularly delivers technical and professional training on accounting and VAT in various professional fora and has published articles in a number of professional journals.
Clifford is an accountant by profession, holds a Practising Certificate in Auditing and is also a Certified Information Systems Auditor. He is a fellow of the Malta Institute of Accountants and a member of the Malta Institute of