Clifford Chance benefits from its global footprint to handle a vast ambit of international and US federal tax issues. The tax team has a strong presence in real estate and insurance sectors on a global scale, also advising foreign funds on tax implications regarding inbound investments and fund formation, oftentimes working in tandem with their foreign offices to assist clients. The team boasts a robust international clientele including SWFs, REITs, and MNCs. Practice head Paul Seraganian in New York focuses on tax issues in private M&A and also advising foreign funds on the scope of tax considerations. Avrohom Gelber and James Gouwar handle capital markets and securitizations, Michael Seaton is strong in REITs matters. Kevin Colan left the firm in July 2025. All aforementioned team members are based in New York.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Todd Lowther and Maggie Shi were willing to do the hard research and wade through issues that several other firms seemed incapable of doing with regard to 45Q tax credit work. As a result, I think they are the industry leaders in this area.’

  • ‘Todd Lowther and Maggie Shi go above and beyond on client service. They are always available and all of their work whether a tax memo, or negotiation of a tax credit sale agreement is excellent. After years of working together I've never discovered a single error in their work. Truly, I cannot recommend them highly enough.’

  • 'Practical, sound solution-oriented focused team. Excellent communicators of complicated topics.'

Key clients

  • Retail Opportunities Investment Corporation
  • Legal & General Group plc
  • Informa
  • MEC Global Partners Asia
  • Dream Residential REIT
  • Roc360 Real Estate Income Trust Inc
  • Cathay Capital
  • Viking Global Investors

Work highlights

Represented ROIC, a US public REIT, in structuring and negotiating a take-private transaction by Blackstone.
Practice head

Paul Seraganian

Other key lawyers

Michael Seaton; Avrohom Gelber; Todd Lowther; Jason Myers; Rebecca Pereira; Phillip Wagman