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Sullivan & Worcester LLP

1666 K STREET, NW, WASHINGTON, DC 20006, USA
Tel:
Work +1 202 775 1200
Fax:
Fax +1 202 293 2275
Web:
sullivanlaw.com
Boston, London, New York, Washington DC

United States

Real estate
Real estate - ranked: tier 5

Sullivan & Worcester LLP

Sullivan & Worcester LLP advises on acquisitions and sales, development, environmental issues, financing, leasing, REIT matters and workouts, while Opportunity Zones - a recent initiative to encourage investment in underdeveloped areas - are a new area of focus for the firm. John Balboni represented Equity Resource Investments on several private equity joint venture transactions with an aggregate value of more than $100m. Ashley Brooks advised Cronin Development on the development, financing and management of the construction of a $500m luxury condominium and two-story restaurant in Boston. Adam Weisenberg is also recommended alongside New York-based real estate finance chair Joseph Philip Forte. The firm took on three partners from Murtha Cullina LLP's affordable housing group - Karen Kepler, John Gahan III and Deirdre Robinson - while Eric Lemont left for an in-house role at a national developer. All named attorneys are based in Boston.

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United States: Dispute resolution

General commercial disputes
General commercial disputes - ranked: tier 5

Sullivan & Worcester LLP

The lean team at Sullivan & Worcester LLP is capable of handling a range of commercial disputes around the US; standout areas include tax, art and tech-related litigation. In ongoing work, Jeffrey Gleit is representing a technology hardware company in connection with the recovery of over $110m of avoidable transfers to multiple parties in around 300 separate actions. Elsewhere, David Nagle and the team successfully represented Delta Dental in litigation involving insurance premium excise tax before the Massachusetts Supreme Judicial Court. Gerry Silver heads the practice, and Laura Steinberg is another key contact.

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United States: Industry focus

Environment: transactional
Environment: transactional - ranked: tier 4

Sullivan & Worcester LLP

Sullivan & Worcester LLP covers environmental matters arising from climate-related business and technology transactions, energy and infrastructure projects, regulatory compliance, contaminated property remediation, and brownfield redevelopments. The team assisted the Ascendas-Singbridge Group with the environmental due diligence of its acquisition of a portfolio of 33 office properties containing approximately 3.3m rentable square feet in Portland, Raleigh and San Diego; it also assisted Cronin Holdings with the environmental permitting of a proposed development of a 22-story mixed-use tower on Boston Harbour. Key contacts are Jeffrey Karp in Washington DC and Victor Baltera in Boston. Jerome Muys left in August 2018 to set up his own firm.

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United States: Investment fund formation and management

Mutual/registered/ exchange-traded funds
Mutual/registered/ exchange-traded funds - ranked: tier 4

Sullivan & Worcester LLP

Sullivan & Worcester LLP fields 'highly experienced lawyers', who 'will do whatever it takes to get the job done'. The team's core strength lies in advising the independent trustees of funds, and is also noted for assisting clients with ETF mandates. In an example of the latter, David Mahaffey acts as counsel to ETF Managers Trust and the Trust's adviser, ETF Managers Group, having recently assisted with the organization of three new series of the trust, including ETFMG Alternative Harvest ETF, which marked the first US ETF to primarily invest in cannabis companies and related businesses. David Leahy is 'highly experienced in the mutual funds field', and continues to advise the trustees of the Legg Mason Partners Funds Fixed Income Funds, with $94bn under management. Boston-based John Hunt and John Chilton advise the Pear Tree Funds and First Western Funds, respectively. Other notable names include Nicole Crum and Matthew Van Wormer in New York. Other than Hunt in Boston and Van Wormer in New York, the team is based in the Washington DC office.

Next Generation Partners

Nicole Crum - Sullivan & Worcester LLP

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United States: Labor and employment

Employee benefits, executive compensation and retirement plans: design
Employee benefits, executive compensation and retirement plans: design - ranked: tier 5

Sullivan & Worcester LLP

Sullivan & Worcester LLP’s Boston-based practice received client praise for its expertise in ERISA matters including prohibited transaction, Title 1 fiduciary and other compliance issues. Practice head David Guadagnoli and Amy Sheridan also advise on healthcare reform and HIPAA privacy and security requirements, IRAs, deferred compensation agreements and ESOP plans for large and small employers. The team’s client base includes Iron Mountain, ING, Cambridge Trust and The RMR Group.

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United States: M&A/corporate and commercial

M&A: middle-market (sub-$500m)
M&A: middle-market (sub-$500m) - ranked: tier 2

Sullivan & Worcester LLP

Sullivan & Worcester LLP 'provides amazing quality of service and expertise that is always on-point and with a practical business grounding'. The team's clients include large public companies with aggressive acquisition programs, buyout firms, foreign enterprises expanding into the US, and technology companies and family-owned businesses seeking liquidity; it is also well known for advising some of the country’s largest public and private REITs in M&A and regularly works alongside the firm's tax planners on corporate transactions and M&A deals. In addition, the practice has carved out a niche representing Israeli companies in securities offerings on Nasdaq as well as other corporate work in the US. The team assisted Delaware corporation Newbury Taleo Group, which specializes in talent acquisition solutions, with its stock sale to Evolutionary Systems, a subsidiary of Evosys. Lewis Segall heads the corporate and M&A practice group; his clients include companies in the renewable energy, advertising, healthcare, communications, manufacturing and software industries. Other key attorneys are the 'standout attorney' William Curry; Carol Wolff, who is highly rated for advising privately held middle-market companies on domestic and cross-border M&A, joint ventures and investments; and Benjamin Armour, who advises clients through all stages of the corporate life cycle. The associates to note are Matthew Lane and Avinash Rao. Named attorneys are based in Boston.

Leading lawyers

Lewis Segall - Sullivan & Worcester LLP

Next Generation Partners

Benjamin Armour - Sullivan & Worcester LLP

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United States: Media, technology and telecoms

Fintech
Fintech - ranked: tier 4

Sullivan & Worcester LLP

Led by corporate and finance partner Joel S. Telpner, the team at Sullivan & Worcester LLP has particular expertise handling matters relating to blockchain technology, including cryptocurrency. The practice advised Oneiro on all stages of the launch of a new cryptocurrency, ndau, including commercial and regulatory issues associated with its ICO. In another work highlight, Telpner led a team, including associate Mari Tomunen, which advised Gibraltar Stock Exchange on regulatory matters relating to the launch of the Gibraltar Blockchain Exchange, the first regulated and licensed token sale platform and digital asset exchange operated by an EU-regulated stock exchange. Other key names to note include head of emerging companies and venture capital practice Scott Kaufman who joined the practice from Wiggin and Dana LLP.

Leading lawyers

Joel S. Telpner - Sullivan & Worcester LLP

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United States: Real estate

Real estate investment trusts (REITs)
Real estate investment trusts (REITs) - ranked: tier 2

Sullivan & Worcester LLP

Sullivan & Worcester LLP's Boston-based group advises on REIT formations and conversions, debt and equity offerings, financings, real estate acquisitions, M&A, joint ventures, tax compliance, and sale-leaseback transactions. It regularly provides REIT and tax counsel for the largest public REIT in the country, American Tower Corporation; other clients include Hospitality Properties Trust, Senior Housing Properties Trust and Government Properties Income Trust (GPIT). The team advised GPIT on its merger agreement with Select Income REIT. Louis Monti leads the REIT practice group, Ameek Ashok Ponda directs the tax department, John Steiner co-directs the real estate department and Howard Berkenblit leads the capital markets group. Nicole Rives and Lindsey Getz are also experienced attorneys, David Kaplan is a key of counsel, and Avinash Rao is a highly regarded associate.

Leading lawyers

Ameek Ashok Ponda - Sullivan & Worcester LLP

Rising stars

Avinash Rao - Sullivan & Worcester LLP

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United States: Tax

International tax
International tax - ranked: tier 4

Sullivan & Worcester LLP

At Sullivan & Worcester LLP, practice head Douglas Stransky concentrates on international tax planning. Ameek Ashok Ponda is another key name and acts as tax counsel to a number of REITs including, American Tower Corporation, Equinix and Iron Mountain. Olympic Games consultant The Broadstone Group is also a client. Ponda and Stransky are based in Boston. Steven Eichel departed to Saul Ewing, Arnstein & Lehr in June 2018.

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US taxes: contentious
US taxes: contentious - ranked: tier 5

Sullivan & Worcester LLP

Sullivan & Worcester LLP represents companies and individuals in state and local tax matters against the IRS, with a particular focus on Massachusetts. The practice handles tax controversies at all stages, including ruling requests, audits, administrative appeals, and trial and appellate litigation. Daniel Ryan and practice lead David Nagle represented Delta Dental, a large dental insurance business with 74 million customers, in litigation seeking a multimillion-dollar refund of insurance premium excise tax from the Massachusetts Department of Revenue. Other key names include counsels Joseph Donovan and Judith Edington, Richard Jones and associate Caroline Kupiec, who joined in November 2018 from KPMG. All lawyers named are located in Boston.

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US taxes: non-contentious
US taxes: non-contentious - ranked: tier 4

Sullivan & Worcester LLP

Sullivan & Worcester LLP‚Äôs Boston based tax attorneys are ‚Äėvery responsive, knowledgeable and always up-to-date with the latest tax developments‚Äô. The team has a strong focus on REIT mandates, but also advises on estate planning, and domestic and international M&A transactions. Ameek Ashok Ponda¬†acted for Government Properties Income Trust in its merger with Select Income REIT, and is also advising Zayo Group Holdings on its ongoing exploration of conversion to a REIT. Joseph Darby, David Nagle¬†and Christopher Curtis¬†have considerable experience in transactional tax matters, tax planning for corporations and private individuals, and advocacy before federal and state tax authorities. Further, the team assisted American Tower Corporation, Equinix, Iron Mountain and several other large public REITs on REIT conversions, related tax structuring and financing matters.¬†Brian Hammell¬†and Daniel Ryan¬†were promoted to partner in January 2018. Steven Eichel¬†departed to Saul Ewing¬†in May 2018.

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