UK law firm, Irwin Mitchell, is continuing in its bid to become one of the leading real estate teams in the UK with the appointment of Alex Barnes as property tax advisory partner.
Based in Irwin Mitchell’s London and Birmingham offices, Alex Barnes moves from Eversheds where he was head of tax in the real estate department across the firm’s offices in Birmingham, Cambridge, Nottingham, Cardiff, Leeds and Manchester.
In addition to offering support to businesses on various property-related tax issues such as capital allowances, VAT and corporation tax, Alex provides structuring advice on development projects for companies and public bodies, as well advising overseas’ property investors and joint ventures.
Alex also operates as a lead adviser on M&A transactions acting for both vendors and purchasers. Previously, he supported a £155m share acquisition and a multi-jurisdiction £65m share disposal for a UK listed plc.
Commenting on his appointment, Alex said: “This is a fantastic opportunity to be joining a highly ambitious and innovative firm. Irwin Mitchell has and continues to invest heavily in developing its real estate team and it is of course very exciting to be a part of this as the firm moves forward and expands.”
Alex’s decision to join Irwin Mitchell is the latest in line of senior and high profile real estate hires. Last year, Jon Vivian moved to Irwin Mitchell’s London office with a 20-strong team from city firm, SJ Berwin. Other appointments include well-respected property law strategist, Geoffrey Lander, and property litigation consultant Sue Wilson.
Other recent appointments to the Business Legal Services team within Irwin Mitchell’s Birmingham office include IT and outsourcing expert, Mark Neale.
Niall Baker, Chief Executive of Business Legal Services at Irwin Mitchell, said: “Alex is another significant addition to our business team and his appointment is a good example of our determination to continue building one of the UK’s leading real estate teams.
“We have clear aims for the firm in the future – not just in relation to growth, but also in terms of further improving the quality of service that we deliver to clients. Alex shares our vision and has the pedigree and importantly the determination to make sure the business realises its ambitions.”
In April this year, Irwin Mitchell announced its intention to take advantage of the provisions of the Legal Services Act and restructure the partnership as an Alternative Business Structure (ABS). As part of the move Irwin Mitchell will seek external capital to further its growth plans.
Jenny Wheater, a lawyer with a wide range of experience in UK and international tax issues, has joined Proskauer as a Partner in London, expanding the depth of the firm’s London Private Investment Funds practice and Tax Department, and continuing the growth of its global transactional platform.
A UK and U.S.-qualified lawyer, Ms. Wheater has extensive experience in UK tax law pertaining to: fund formation; corporate transactions, including mergers & acquisitions; private equity; restructurings; and employee incentive plans, including share schemes and carried interest structures. She has also been involved in the establishment of UK, pan-European and global alternative investment funds, and has significant expertise with regard to tax treaty implications and the coordination of UK and U.S. taxes, in addition to advising on VAT issues. Formerly a lawyer in the tax and investment funds practices at Gibson Dunn in London, Ms. Wheater received her Master of Laws from Georgetown University and her Bachelor of Laws from the University of Durham.
“As we continue to grow our platform and expand in the London market, Jenny will be an integral part of our ability to serve the diverse needs of our private investment fund, corporate, finance, and other clients,” said Mary Kuusisto, Acting Head of Proskauer’s London office and a member of the firm’s Private Investment Funds Group and Tax Department.
In the past year, Proskauer expanded its London office with a move to more than 11,000 square feet of new space at Ten Bishops Square, and announced the additions of Bob Barry, a Partner in the firm’s Private Investment Funds Group, and Daniel Ornstein, a Partner in the firm’s Labor & Employment Law Department.
According to Andrea Rattner, Chair of Proskauer’s Tax Department, Ms. Wheater’s unique background makes her a perfect fit for the firm’s highly diversified transactional practices.
“It’s not every day that you find a UK tax lawyer who has such extensive funds and M&A experience,” said Ms. Rattner. “And because she is qualified in both the UK and U.S., Jenny understands the interaction between both countries’ tax rules, enhancing our capabilities when we handle complex cross-border deals. She is a tremendous addition to our team.”
Proskauer’s London office is a key component of the firm’s global platform, offering UK and U.S. legal advice to global private investment funds, international companies and financial institutions, entrepreneurs and investors. While the office’s representation of private investment funds is a cornerstone of Proskauer’s broader corporate practice, its lawyers also handle an array of sophisticated transactions, from middle-market to large, multi-jurisdictional deals, offering one-stop service. Additionally, the office’s junior capital lawyers are part of one of the most well-known and respected international practices representing lenders and investors in the field, and its labor and employment practice is part of one of the most recognized such groups in the world, providing the full range of employer-focused advice to clients.
The firm’s Tax Department is involved in the most complex and challenging matters of the day, advising a broad range of clients, including Fortune 500 corporations and other business entities, investment funds, institutional investors, tax-exempt organizations, executives and pop culture icons.
Orrick, Herrington & Sutcliffe LLP have announced that Nick Thornton, formerly of Fried Frank, has joined Orrick’s London office as partner in its tax practice.
Nick Thornton, focuses his practice on the tax aspects of many types of transactions, particularly those with an international dimension, including mergers and acquisitions, asset purchase and sales, corporate restructurings, securities offerings, financings and fund formations. He has worked on sophisticated tax issues for a number of large international clients including Virgin Media, Goldman Sachs, Morgan Stanley, Investec, Rhodia, Thomson Reuters and Edison Mission Energy.
Nick received his Diploma in Legal Practice, with Distinction, from the College of Law, London, his LLB, with Honors, from City University, London, and an MA, with Honors, from New College, Oxford University. He is an associate of the Chartered Institute of Taxation.
Orrick, Herrington & Sutcliffe LLP is a global law firm with more than 1,100 lawyers in North America, Europe and Asia. The firm focuses on litigation, complex and novel finance and innovative corporate transactions. Orrick clients include Fortune 100 companies, major industrial and financial corporations, commercial and investment banks, high-growth companies, governmental entities, start-ups and individuals. The firm’s 22 offices are located in Beijing, Berlin, Düsseldorf, Frankfurt, Hong Kong, London, Los Angeles, Milan, Moscow, New York, Orange County, Paris, Portland, Rome, Sacramento, San Francisco, Seattle, Shanghai, Silicon Valley, Taipei, Tokyo and Washington, D.C.