Insurance Sector Audit Accounting Firm of the Year in Connecticut, US
Tax Planning Law Firm of the Year in Delaware, US Morris James LLP
Bruce W. Tigani, Esquire Partner & Chair – Tax, Estates & Business Practice Tel: +1 (302) 888-6962 btigani@morrisjames.com www.morrisjames.com/ people-bruce-tigani.html The Morris James’ Tax, Estates & Business Practice has long distinguished itself among others in the region with its multi-disciplinary approach and unrivaled depth of experience, broad-based knowledge, uncommon insight, and outstanding capability in the complexities of taxation, strategic business planning, corporate transactions, and private client services focused in estate planning and administration. Our proficiency in federal tax law, as well as state and local tax issues across the tri-state region and beyond, provides the common thread throughout in the comprehensive and coordinated representation of clients in any one or more of these areas.
governance within the broad array of Delaware’s flexible operational structures, including the effective use of subsidiaries. Moreover, with our core group of tax attorneys equally well-versed in the non-tax subtleties of structuring and closing business transactions, our Tax, Estates & Business Practice provides an integrated focus to the strategic planning and negotiation of all aspects of the venture. In uniquely blending sound transactional principles with innovative and efficient tax strategies, we deliver an unparalleled approach to comprehensive representation in mergers and acquisitions, corporate reorganizations and recapitalizations, and taxdeferred exchanges.
Individually and collectively, our practice has been singled out for legal excellence by Best Lawyers®, Martindale-Hubbell® and, locally, as “Top Lawyers” by Delaware Today Magazine. In the last year, members of our practice were engaged to edit the Delaware chapter of Bloomberg BNA’s online resource for passthrough entity taxation.
RECENT MATTERS:
We regularly counsel domestic and foreign business owners, investors, and entrepreneurs seeking tax-efficient entity formation and
• As lead tax, real estate and employee benefits counsel for the Chancery Court-appointed Custodian in a complex corporate §226 action, and participating representation for all business and transactional aspects of the Custodianship, members of our Tax, Estates & Business Practice produced strategic after-tax benefits navigating interrelated issues of federal and multi-state taxation. Our
comprehensive tax and transaction planning netted shareholders after-tax proceeds simulating merger consideration appreciably in excess of the offer price. • As special U.S. tax counsel to a foreign corporate investor in a U.S. partnership, our group advised the client on the respective U.S. income tax reporting, payment, and withholding obligations of the parties. This information allowed the client to remain compliant with its U.S. income tax obligations and also permitted its counsel to assess the need to include tax claims against the partnership in an ongoing arbitration proceeding between the parties. • As U.S. tax and corporate counsel for individuals with ownership interests in an international group of affiliated entities, members of our Tax, Estates & Business Practice counseled the client on potential restructuring arrangements that preserved net operating loss carryforwards of affected corporations while implementing the client’s objective of a more productive operating structure in the U.S.
Global Awards 2018
41