The US tax practice at McDermott Will & Schulte is frequently engaged on matters involving cryptocurrency restructurings, tokenization initiatives, hybrid investment products, and securities-related work. The group is co-led by Timothy Shuman in Washington DC and John Lutz in New York. Lutz advises on the tax aspects of investment funds, structured finance, derivatives and structured products, insurance-linked offerings, investment tax credits, and both domestic and cross-border securities transactions. Also in New York, David Wermuth regularly counsels leading asset managers and institutional investors on innovative cross-border platforms and complex fund formation structures. Another key New York-based partner, Philippe Benedict, is noted for advising MGG Investment Group on Generali’s acquisition of a 77% stake, providing tax structuring advice for a major private credit platform with more than $6 billion in assets under management.
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Testimonials
Collated independently by Legal 500 research team.
- 'At the end of the day, the value that any law firm brings is the depth of knowledge and the ability to react to new situations by the partners and associates who work with us. From that perspective, McDermott Will & Emery is one of the very best - super commercial, providing rapid, thoughtful, and knowledgeable advice. In the decades I have worked with the partner, he has never been the reason a deal slows down or is delayed.'
- 'John Lutz has been a trusted partner in a wide variety of transactions across multiple firms for decades. He is incredibly thoughtful and particularly commercial.'
- 'Steve Hadijlogiou was very knowledgeable on a niche tax issue that was applicable to our situation.'
- 'Team members worthy of praise include Steve Hadijlogiou, Nick Greiner, Patrick Zanayed, and Arianne Plasencia.'
Key clients
- Bardin Hill Investment Partners
- BlockTower Capital
- MGG Investment Group
Work highlights
Represented MGG Investment Group in Generali’s acquisition of a 77% stake, advising on tax structuring for a major private credit platform with over $6 billion in AUM.
Represented Bardin Hill Investment Partners in its strategic acquisition by Man Group, advising on complex tax issues relating to cross-border credit-fund structures and investment-product economics.
Represented BlockTower Capital in its all-equity combination with Arca, addressing sophisticated tax considerations for digital-asset financial products and hybrid tokenized investment structures.
Practice head
Timothy Shuman; John Lutz
Other key lawyers
David Wermuth; Philippe Benedict; Steve Hadijlogiou; Nick Greiner; Patrick Zanayed; Arianne Plasencia