The Legal 500

Caplin & Drysdale, Chartered

ONE THOMAS CIRCLE, NW, SUITE 1100, WASHINGTON, DC 20005, USA
Tel:
Work +1 202 862 5000
Fax:
Fax +1 202 429 3301
Email:
Web:
www.caplindrysdale.com
Washington DC, New York

United States

Recommendations


United States: Finance

Within Corporate restructuring (including bankruptcy), tier 6

Caplin & Drysdale, Chartered is ‘dedicated to getting the job done right, on time, and in a cost-efficient manner’ and clients assert that ‘no job is too complex for them to master’. The firm’s specialist expertise in advising official committees of asbestos claimants ensures that it is a top choice in this area, but it has a broad scope of creditor-side experience and it is also representing the union of US Airways pilots in the American Airlines bankruptcy. In New York, Elihu Inselbuch, Trevor Swett and Peter Van Lockwood are the key contacts and all are ‘excellent litigators with a keen sense of how to win bankruptcy cases at trial’.

[back to top]

Within Not-for-profit, Caplin & Drysdale, Chartered is a second tier firm,

Premier tax boutiqueCaplin & Drysdale, Chartered is ‘a real leading firm in the field of exempt organizations’, and is ‘well known in DC’. The firm’s ‘great bench’ includes former director of the IRS’ Exempt Organizations Division Marcus Owens who ‘understandably has an excellent reputation’ as ‘a leading audit and regulatory lawyer’ and has ‘unbelievable insight’ when it comes to tax controversy, as well as a strong work ethic. Douglas Varley also has a ‘very good reputation in the field’. Former IRS deputy commissioner Mark Matthews and William Klimon are also highly recommended. The firm holds a preeminent reputation among private foundations for establishment, restructuring and corporate governance issues, and is also highly active in litigation. Other clients include charities, churches and trade associations.

[back to top]

United States: Labor and employment

Within Employee benefits and executive compensation, tier 4

Washington DC-based Caplin & Drysdale, Chartered has an excellent reputation for tax-related work. Its EBEC team advises on the design and administration of qualified plans, legislative and regulatory changes, compliance with Title I of ERISA, executive compensation, health and welfare benefits, tax-exempt and governmental employer representation, financial institution and service provider counseling, and employee benefits dispute resolution, as well as representing clients before the IRS. The group’s ‘industry knowledge is outstanding’. It advised the Middle East Broadcasting Networks Inc on Affordable Care Act issues relating to its health plan. Other clients include The World Bank, SKF USA Inc, IMF and Ingersoll-Rand. The highly experienced Richard Skillman, Patricia Lewis and Joanne Youn are all recommended.

[back to top]

United States: Tax

Within Domestic tax: East Coast, tier 5

Caplin & Drysdale, Chartered has an excellent reputation for contentious tax matters and advice to tax-exempt organizations. In addition to its highly rated tax controversy practice, the domestic team is also active for high-net-worth individuals in high-profile trust and estate planning. Beth Kaufman and Michael Pfeifer are key partners with a wealth of experience in tax planning and controversy matters. The practice was boosted by the addition of trusts and estates lawyer Anne O’Brien, who joined in September 2013 from Arnold & Porter LLP. O’Brien acted as an expert witness to testify on behalf of Chevy Chase Trust with respect to trust law under the Uniform Trust Code as adopted by the District of Columbia and federal fiduciary income tax and transfer tax law. The attorneys named are all based in Washington DC.

[back to top]

Within International tax, Caplin & Drysdale, Chartered is a third tier firm,

The ‘outstanding’ team at Caplin & Drysdale, Chartered is ‘responsive’ and ‘pleasant to deal with’. The firm’s international tax practice was enhanced in October 2013 by the lateral hire of Peter Barnes, former international tax counsel for GE, and transfer pricing expert J Clark Armitage from Bingham McCutchen LLP. Patricia Gimbel Lewis heads the ‘technically strong’ and ‘personable’ team, and has notable transfer pricing expertise. Other key figures are Mark Allison and H David Rosenbloom, who has a very good reputation and extensive experience assisting multinational corporations and financial institutions across multiple jurisdictions. The highly regarded Cono Namorato is a former director of the Office of Professional Responsibility for the IRS, and Scott Michel is also recommended. The attorneys named are all based in New York.

[back to top]

Within Tax controversy, Caplin & Drysdale, Chartered is a second tier firm,

The ‘outstandingCaplin & Drysdale, Chartered is ‘among the best in the country’; with a deep bench of experienced lawyers in Washington DC and New York, it is ‘very responsive’, ‘pleasant to deal with’ and ‘value for money’, and represents high-profile clients across the spectrum of tax controversy matters. The ‘technically strong’ Scott Michel leads the practice, and other key partners include the ‘personable’ Mark Matthews and ‘very smart’ Mark Allison. Charles Ruchelman is leading the firm’s representation of American International Group in litigation in the US Court of Federal Claims, relating to payment of over $30m in interest derived from a tax overpayment for the 1991 tax year. The firm also continues to assist numerous US citizens and residents across the world in compliance issues arising from failures to report foreign bank accounts, foreign trusts, and foreign businesses.

[back to top]


Further information on Caplin & Drysdale, Chartered

Please choose from this list to view details of what we say about Caplin & Drysdale, Chartered in other jurisdictions.

United States

Offices in Washington DC and New York

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Recent Issues of Data Protection Regulation in Korea

    The Personal Information Protection Act ("PIPA") was enacted as a general law of personal information in March 2011 to fulfill the need for presiding rules to govern personal information protection. In fact, there have already been a number of special laws governing personal information protection in various special areas and cases, such as The Act on Promotion of Information and Communications Network Utilization Information Protection ("Network Act") governing information and communications services, and the Use and Protection of Credit Information Act ("Credit Information Act") governing personal credit information. Special laws prevail over the general law, when in conflict with individual articles of the general law.
  • Work Permits for Foreign Shareholders and Managers in Turkey

    Since last 10 years the financial developments and the promising financial and technological progresses notably in energy, tourism and infrastructure sectors have attracted the foreign investors' interest. Since the number of foreign investments has been increasing within these developments, the question, if a company may have foreign shareholders and foreign board members has come to the fore. This was actually the result of the frequent change in laws as part of adaptation progress to E.U legislation. 
  • Concerns regarding UCA as a result of coalition agreement Michel I

     
  • INTELLECTUAL PROPERTY RIGHTS IN DEFENSE INDUSTRY: BEYOND THE INTANGIBILITY IN TURKEY

    The intellectual property rights (IP) are conceptually is linked to both intellectual and industrial rights in Turkish legislation. Intellectual property rights are almost related to the intellectual and artistic works, linked rights (neighboring rights), computer programs and databases and protected with royalty, while industrial rights contain patents, utility models, trademarks, industrial designs, topographies of integrated circuits (chips), geographical indications, plant varieties, other names and signs, trade secrets (know-how, undisclosed information) and they are protected with industrial and exclusive rights.
  • An Overview of FIDIC Rules

    FIDIC, (Federation Internationale Des Ingenieurs Conseils), International Federation of Consulting Engineers aims to find a resolution in construction sector. There are five different FIDIC contracts in different colors that regulates different and separate obligations and rights. Today FIDIC is applied to 30 % of international construction project contracts. In Turkey, FIDIC mostly was preferred in high volume construction projects such as Marmaray Bosphorus Project, Baku Ceyhan Pipeline Construction Project, Ankara- Istanbul Highway Construction. 
  • Delivery of Leviathan Gas through Turkey

    Israel's offshore Tamar and Leviathan gas fields in Eastern Mediterranean Sea have a significant discovery in order to meet Europe's rising gas and energy need.
  • Present and Future of Renewable Energy Resources Support Mechanism in Turkey: “YEKDEM”

    Turkish Energy Market Regulatory Authority ("EMRA") has announced on 1st October 2014 that the electricity manufacturing license holders producing electricity from renewable resources are required to submit their applications for Renewable Energy Resources Support Mechanism ("YEKDEM") for the year 2015 until 31th October 2014, in order to benefit from the facilities regulated by the related legislation.
  • Re-employment of Employees & Constructive Dismissal Claims

    This update reports recent developments on employment law and practice in Singapore.
  • Comprehensive Measures to Protect Personal Data in the Financial Sector

    The following is a summary of the press releases made by the Financial Services Commission on 10 March 2014. These are action items and policies that the FSC and relevant ministries are seeking to implement. The following measures have developed from a series of measures previously announced since the data leakage from the three credit card companies were revealed last January.
  • Essilor’s Proposed Combination with an Optical Lens Maker in Korea is Blocked

    In its press release on March 17, 2014, the Korea Fair Trade Commission (the "KFTC") blocked the proposed acquisition of 50% shares by Essilor Amera Investment Pte. Ltd. (a subsidiary of Essilor International S.A., the largest optical lens maker in the world) in Daemyung Optical Co., Ltd. (the second largest optical lens maker in Korea) citing inter alia the likely lessening effect on price competition and the probable future abuses of the enhanced market power. On top of the expressed competitive concerns, the KFTC observed that allowing foreign firms to acquire local firms and turn them into their local sub-contractors worsens the competitive market structure of the domestic optical lens industry.