Fintech
United States
11 March 2025
Baker McKenzie provides tax assistance to multinational corporations such as Berkshire Hathaway and Intel. The practice is collectively chaired by Salim Rahim, Reza Nader, and Julia Skubis Weber, which does a lot of federal tax credit work but is also equipped to advise on joint ventures, transaction financing, and securitizations. The team is bolstered by the work of David Goldman in Los Angeles, a reference in the transactional tax space, and Chicago’s Maher Haddad who excels at structuring complex investments.
Legal 500 Editorial commentary
Key clients
- Pacific Gas & Electric ("PG&E")
- Southern California Edison
- Nexus Capital Management LP
- Botco, Inc.
- Intel Corporation
- Berkshire Hathaway Inc.
Work highlights
Advised PG&E, California's largest utility, on a multi-billion dollar spinoff transaction with the global investment firm KKR. The spin-off of the power generation arm would give a minority stake of the energy / electricity to KKR.
Advised Southern California Edison as counsel for two issuances of trust preference securities totalling USD 900 million.
Advised Nexus Capital Management LP, a Los Angeles-based private equity firm ("Nexus") in the acquisition of MAV Beauty Brands Inc.
Practice head
Salim Rahim; Reza Nader; Julia Skubis Weber
Other key lawyers
David Goddard; Maher Haddad