KPMG Australia has announced the hiring of senior lawyers from Maddocks’ tax controversy practice.
The move represents a significant investment by KPMG Legal and Tax Services and confirms its position as the premier practice in Australia for tax controversy services.
The team joining KPMG is led by Angela Wood, a senior tax controversy partner at Maddocks. Ross Hocking and Angelina Lagana, also senior tax controversy lawyers at the firm, have decided to come to KPMG with Angela. The team have worked with each other for over 10 years, building what has become one of the leading tax controversy teams in Australia, with significant expertise in transfer pricing.
Nationally, with the recruitment of the new team, KPMG Legal and Tax Services will grow to a practice of nine partners and special counsel, specializing in tax controversy services, with dedicated offices in Sydney, Melbourne and Brisbane.
Gary Wingrove, CEO of KPMG Australia, said “This team hire reflects KPMG’s investment-led growth agenda, and demonstrates our commitment to investing across all parts of our business. Companies are increasingly demanding specialist expertise and by meeting their needs we will achieve growth both for our own firm and for our clients. This recruitment will confirm KPMG’s position as the premier tax controversy practice in Australia.”
Rosheen Garnon, KPMG National Managing Partner – Tax, said: “We are seeing increasing interest in tax controversy, and in particular disputes with a cross-border element, including transfer pricing issues where the team has substantial expertise. The KPMG Legal and Tax Services practice has expanded rapidly over the past 12 months attracting leading professionals and the recruitment of renowned experts such as Angela, Ross and Angelina will give it real further momentum.”
She added: “Unlike other professionals in the field, who typically only act for taxpayers, Angela, Ross and Angelina offer clients a distinctive proposition and perspective, having represented the ATO for a number of years in leading tax cases. Applying this experience, they can offer clients a unique insight into how to manage their interaction with the ATO and formulate the most appropriate strategy to avert or achieve early resolution of any tax dispute.
“Joining KPMG will enable Angela, Ross and Angelina to work together with specialist tax partners to deliver complete solutions to clients, under one roof, whether it is preparing for tax audits, dispute resolution, or, if necessary, assisting with representation in court.”
KPMG has a focused growth strategy offering niche legal services focusing on tax. Tax dispute resolution is an area the firm has targeted for particular attention, as companies are increasingly looking for specialist advice to prevent and resolve tax audits and disputes.
Rosheen Garnon added: “A recent survey by KPMG International showed that 75 percent of tax executives globally were involved in a tax examination or dispute with a tax authority. In Australia the firm is seeing a rise in disputes with a cross-border element, which is why we are busy recruiting specialist tax lawyers who can help companies operating both domestically and internationally. The Maddocks lawyers joining will be of tremendous assistance in this respect.”
Australian Commercial Law Firm, Johnson Winter & Slattery, has announced the appointment of Reynah Tang and Stewart Grieve as partners in its transactional and advisory practice. Previously partners at Corrs Chambers Westgarth, both are sought out by leading major companies in Australia for their dexterity with complex tax matters.
Reynah Tang advises listed, multinational and public sector clients in the financial services, property and infrastructure and manufacturing industries on the taxation implications of mergers/acquisitions, public private partnerships, privatisations, corporate reorganisations, employee share and option schemes and capital raisings (debt/equity). He has also assisted clients in relation to requests for tax rulings, taxation audits and freedom of information applications.
He has been recognised as a leading tax adviser in a range of publications including Asia Pacific Legal 500, Best Lawyers, Chambers Global and World Tax Review.
In 2013, Reynah served as the first President of the Law Institute of Victoria from an Asian Australian background.
Stewart Grieve has a strong practice in Australia and abroad, with a combination of extensive experience as an advisor coupled with the insights gained from working within a major corporation. He specialises in advising major listed public companies on taxation investigations and enquiries, dispute resolution and litigation. He was previously Director of Taxation for Foster’s Group Ltd, a role in which he oversaw their global tax function including tax controversy work in Australia, the Americas and Europe, the Middle East and Africa.
“Reynah and Stewart’s appointment reflects our desire to continue building our Melbourne cohort of practitioners in strategically compatible practice areas, and thereby increase the firm’s client base in Melbourne,” said managing partner Peter Slattery.
Johnson Winter & Slattery is a commercial law firm representing Australian and international clients on their most strategic, complex and demanding transactions and disputes throughout Australia and surrounding regions.UO6B7DnsZ0M9UT9tktodGdHg”]
BDO has announced the appointment of Steffan Adfeldt as a Tax Director within itFinancial Services group.
Steffan brings a wealth of experience working as a tax lawyer and adviser in the financial services industry.
He joins BDO from Barclays, where he oversaw all tax aspects of treasury matters at group level, including funding, hedging and prudential regulatory reform. Prior to this he worked within Barclays Investment Banking division (formerly Barclays Capital), advising on the tax aspects of investment banking transactions, and also previously as a tax lawyer at Allen & Overy (for 5 years) and Baker & McKenzie (for 5 years).
Angela Foyle, Head of BDO Financial Services Tax, said: “The ever-increasing regulatory pressures on the financial services sector is resulting in an increased demand for specialist tax advice. As the industry evolves to address greater regulation, more complex competition and increasing customer expectations, clients want advice on anything from restructuring issues, to compliance with directives such as FATCA or AIFMD. Steffan’s skills and knowledge in this complex arena are a welcome addition to our team of Financial Services tax experts, and to the wider practice.
Steffan Adfeldt, added: “The taxation regime faced by the Financial Services industry presents challenges for many businesses and I look forward to putting my skills and knowledge to good use in my new role. BDO is a fantastic brand and I am excited to join its excellent Financial Services team. The practice is growing and I am excited about the opportunities this brings, particularly in relation to the firm’s core driver of delivering exceptional client service to the industry.”
McDermott Will & Emery has announced that Nicholas Holland has joined as a partner in its international Private Client Practice Group, based in the Firm’s London office.
Nick’s practice focuses on advising institutional trustees and private clients in connection with trusts and estates particularly involving multi-jurisdictional and offshore disputes.
Carol Harrington, head of McDermott’s international Private Client Practice Group comments: “From the outset, our strategy for London has been to create a full-service team with critical mass in this key local market, building from the extraordinary depth and strength of our teams in the U.S. Nick’s experience with contentious trusts and estates augments the arrival of Ziva Robertson late last year and we are delighted to add Nick to our team. The speed of growth here of our London private client practice since its inception in 2009 has been remarkable and it reflects the growing reality that wealthy families and individuals must increasingly deal with cross-border issues and look to teams who can provide them with holistic services wherever they are located.”
Nick was admitted as a Barrister and Solicitor in British Columbia in 1997, in Ontario in 2001, as an Attorney at Law in the Cayman Islands in 2008, and as a solicitor in England and Wales in 2010. He joins McDermott from Bircham Dyson Bell LLP where he was the Head of Contentious Trusts and Estates.
Gerald V. Thomas II, a transactional tax lawyer with significant experience in deals involving real estate investment trusts, has joined McGuireWoods LLP’s Tax and Employee Benefits Department as a partner in the firm’s Atlanta office.
Thomas’s practice is focused on complex business transactions in the United States and abroad. For example, he has represented a major American real estate company in a number of joint ventures in the U.S., Canada, and Mexico, and he also has represented numerous REITs in public offerings and mergers and acquisitions totaling billions of dollars.
Thomas’ arrival at McGuireWoods from the Atlanta office of Morris, Manning and Martin coincides with two other recent additions to the global firm’s fast-growing Atlanta office: noted securities litigator Cheryl L. Haas, who just joined the firm, and employment lawyer Peter Farley, who arrived on Sept. 18. The trio significantly enhances the Am Law 100 firm’s capabilities and provides immediate advantages for its national and international clients across a broad array of areas, including complex business and intellectual property litigation, debt finance, mergers and acquisitions, REITs and labor and employment.
“Gerald’s stellar reputation precedes him, and we are delighted to welcome him,” said Hil Jordan, managing partner of the firm’s Atlanta office. “We know our clients will benefit from his deep tax expertise and his experience in high-stakes REIT deals.”
Thomas joins a department comprised of highly accomplished lawyers from most of the firm’s 20 U.S. and international offices.
“We are excited to have Gerald join us. Gerald brings significant REIT tax experience which will greatly assist our firm with its expanding REIT practice,” said Craig D. Bell, chairman of McGuireWoods’ Tax and Employee Benefits Department. “Additionally, Gerald will add to our tax bench strength on our business and real estate transactional practices. His approach to the practice of law and teamwork focus fits in perfectly with our approach to transactions.”
“I’m thrilled to be a part of such an accomplished team,” Thomas said. “The McGuireWoods tax department is known for its deep and highly skilled bench. My clients will benefit immediately from their expertise, as I hope the firm’s clients will benefit from mine. It’s a great fit.”
Thomas was awarded the 2014 Tax Leadership Award by National Bar Association, the nation’s oldest and largest association of African-American lawyers and judges. The annual honor is awarded to a lawyer who is proficient in tax law, mentors and encourages minorities to consider tax as a specialty, and has outstanding moral character.
Thomas received his bachelor’s degree, magna cum laude, from New York University in 1994, his law degree from NYU School of Law in 1997, and his LL.M. in taxation from NYU School of Law in 1998. He is co-chair and co-founder of Soul Visions Educational Foundation, Inc., an organization that awards scholarships to high school students.
Bracewell & Giuliani LLP has announced that Abraham (Avi) Reshtick has joined the firm as a partner in its New York office.
Reshtick represents clients on a wide range of U.S. and international tax matters, with a particular focus on cross-border mergers and acquisitions, joint ventures, private investment fund structures and capital markets transactions. He also advises domestic, foreign and multinational clients on tax considerations relating to cross-border investment structures, business formation and internal restructurings.
Reshtick was previously with Ropes & Gray in New York.
“Avi enhances our tax practice and its ability to provide strategic counsel on sophisticated and varied transactional matters,” said Bracewell Managing Partner Mark C. Evans. “His experience providing tax counsel on major transactions and restructurings around the world will help us better serve our clients both nationally and internationally.”
“We are proud to welcome Avi to the firm,” said Elizabeth L. McGinley, head of Bracewell’s tax practice. “His depth of experience strengthens our ability to provide valuable advice to our clients in cross-border and domestic transactions.”
Reshtick’s clients span a range of industries, from retail and real estate to energy, pharmaceutical and private investment funds. He also advises debtors and creditors on tax matters relating to financially troubled businesses, both in and out-of bankruptcy proceedings. Reshtick received his law degree from Tel Aviv University, magna cum laude. He also holds an LL.M. in International Tax from New York University School of Law and B.A. from Tel Aviv University
Orrick announced today that Edward Denny has joined the firm as a partner in the firm’s Tax Practice Group, resident in London.
Formerly with Norton Rose Fulbright, Mr. Denny focuses on the tax aspects of corporate finance transactions and structures, in particular, mergers and acquisitions of public and private companies. Mr. Denny has recently advised on the tax issues in connection with HSBC’s £12.5 billion underwritten rights issue; Iberia’s £4.4 billion merger with British Airways; AXA’s £2.75 billion disposal of its UK life insurance business and Delta’s acquisition of a £220 million stake in Virgin Atlantic.
“Ed is a deeply-respected tax lawyer with the right skill set and experience to support our domestic and cross-border corporate and finance practices in London,” said Alex Janes, Managing Partner of Orrick’s European offices. “With the growth this year of our London office transactional practices, we are delighted to add Ed to our team.”
Mr. Denny was selected as one of the UK’s 2012 leading young tax practitioners by Tax Journal, a leading journal for the business tax community, in its ‘40 under 40’ list of tax specialists to watch and has been published regularly in Tax Journal, PLC Magazine, BNA International and Financier Worldwide.
Before joining Norton Rose he spent 6 years with Slaughter & May.
Corrs Chambers Westgarth has promoted tax lawyer Rhys Jewell to the Firm’s partnership. He sits in the national Corporate, Finance & Tax group based in Melbourne.
Rhys specialises in tax issues associated with large and complex transactions and is recognised in Australia and internationally as a leading expert.
Rhys has extensive experience in infrastructure projects (public private partnerships), mergers and acquisitions, corporate restructures, property development and capital raisings. Throughout his career with Corrs since 2002, he has advised on significant deals for high profile clients including Foster’s, Aurizon, Amcor, Southern Cross Media, EBOS Group, the Victorian and Queensland Governments and Macquarie.
Corrs CEO, John W.H. Denton, said he was delighted to welcome Rhys to the partnership.
“Rhys is a legal practitioner of the highest quality. His admission to the partnership is in recognition of his contribution to the tax practice over 12 years. He is a talented and versatile lawyer with broad technical skills and expertise in corporate tax and GST.”
Rhys has been with Coors since 2002, when he joined the firm as a Senior Associate. Prior to this he trained in tax with Arthur Andersen.