Based in New York, Davis Polk & Wardwell LLP fields a deep tax bench with a hallmark capability to advise clients on domestic, international, and cross-border tax matters. The team regularly handles private and public acquisitions and dispositions, internal restructurings, spin-offs, joint ventures, and IPOs. Head of the tax department, David Schnabel, advises market-leading clients on the full gamut of tax matters, recently advising Sycamore Partners on its $23.7 bn acquisition of Walgreens Boots Alliance. Lucy Farr boasts experience in matters regarding the taxation of corporate finance, derivatives, and structured finance. Michael Mollerus advises US and and international corporate, real estate, and private equity fund clients on the tax aspects of spinoffs, IPOs, and securities offerings. Corey Goodman has particular depth in restructurings and private credit. William Curran advises on the federal income tax aspects of a wide range of matters, also advising multinationals on cross-border internal restructurings. Other key team members include private equity and fund specialist Ethan Goldman, Patrick Sigmon, who assists on cryptocurrency mandates, and Aliza Slansky, who assisted in the Walgreens leveraged buyout. Neil Barr is also recommended.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Key clients

  • Airbus
  • Barclays
  • Brookfield
  • Citigroup
  • Comcast
  • Ferrero
  • Elliott Investment Management
  • Emerson
  • Endo
  • ExxonMobil
  • Grayscale Investments
  • Morgan Stanley

Work highlights

Advised Sycamore Partners on its up to $23.7 billion acquisition of Walgreens Boots Alliance, an integrated healthcare, pharmacy and retail leader.
Advised Endo on its $6.7 billion merger with Mallinckrodt, an Irish developer of specialty pharmaceutical products and therapies.
Advised The Ferrero Group on its acquisition of all outstanding equity of WK Kellogg Co for $23.00 per share in cash, representing a total enterprise value of $3.1 billion.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

David Schnabel

Other key lawyers

Aliza Slansky; Neil Barr; Lucy Farr; Michael Mollerus; Corey Goodman; William Curran; Ethan Goldman; Patrick Sigmon; Kara Mungovan