Steve Marcus > Baker Botts L.L.P. > Dallas, United States > Lawyer Profile

Baker Botts L.L.P.
2001 ROSS AVENUE
DALLAS, TEXAS 75201-2980
TEXAS
United States

Work Department

Tax

Position

Partner

Department Chair – Tax (Firmwide)

Career

Provides tax related structuring and counseling to private equity funds, strategic investors and publicly traded and privately held companies, on complex M&A transactions, joint ventures, spin-offs, and other strategic business transactions, including

Creation of tax-efficient investment, acquisition and disposition, refinancing and restructuring structures for portfolio companies in a wide variety of industries and for distressed companies.

Implementation of complex, multi-tier, partnership and LLC structures that take into account tax needs for variety of different types of JV partners, including foreign sovereigns and other foreign investors and tax-exempt investors.

Formation, structuring and taxation of, and tax law requirements applicable to, REITs, including qualifying income and asset issues and issues arising in connection with REIT M&A transactions.

Structuring of complex equity-based incentive arrangements for management in entities structured as partnerships or LLCs.

Structuring of IRC Section 1031 “like-kind” exchange transactions.

Memberships

State Bar of Texas

Education

Southern Methodist University School of Law, JD, 1986;

The University of Texas, BBA, with honors, 1983

Lawyer Rankings

United States > Tax > International tax

Baker Botts L.L.P. has expertise in all facets of federal income tax considerations facing both foreign and domestic corporations, routinely providing clients with tax advice in connection with M&A and capital market transactions. The firm has a notably strong energy tax practice often structuring and solving complex tax issues for upstream oil and gain transactions, midstream transactions, MLP, LNG projects, and electric transmission and distribution projects. The tax team is co-headed by Steve Marcus and Derek Green. Green advises international oil and gas companies, oil field services companies, and offshore drilling companies on US federal income tax matters in relation to cross-border transactions, mergers and acquisitions, and international joint ventures. Jon Lobb provides tax planning advice to clients in connection with cross-border investments and transactions, including intercompany restructurings and domestic and international energy projects. Katie McEvilly’s practice focuses on tax-efficient structures for domestic and international M&A, joint ventures, separations, restructurings, and other reorganizations.

United States > Tax > US taxes: non-contentious

Baker Botts L.L.P.’s non-contentious tax department, primarily operating out of Texas, has an excellent reputation for its expertise in the energy space, regularly advising on mergers, joint ventures, restructurings, and spin-offs, as well as for its SALT practice. Dallas-based practice head Steve Marcus has longstanding expertise advising a wide variety of clients, particularly in the real estate and energy sectors. His expertise covers private equity investments, MLPs and REITs transactions, qualified opportunity zone investments, corporate spinoffs, M&A, and joint ventures. Houston’s Michael Bresson specializes in matters involving renewable energy transactions, publicly traded partnerships, YieldCos, and MLPs. Derek Green, with considerable experience in the oil and gas space, is deputy chair of the practice in Houston. William Gorrod, dividing his time between the firm’s San Francisco and New York offices, advises corporate clients and flow-through entities across a wide range of industries, including tech, financial services, energy, real estate, retail, manufacturing, and pharma. Joshua Mandell and Jon Lobb both stand out for their contributions. Tamar Stanley left the firm in May 2023 for an in-house role.