Structuring Leveraged Buyouts: Advanced Planning and Tax Considerations for Debt Financed Acquisitions
Recording of a 90-minute premium CLE/CPE webinar with Q&A
This CLE/CPE course will offer tax and corporate professionals practical guidance on structuring leveraged buyouts and tax-efficient strategies for debt acquisition financing. The panel will discuss the use of debt finance in structuring asset and stock purchase transactions and mergers, and detail the tax implications of various debt structures to obtain the best possible tax treatment of a debt-financed buyout.
Outline
- Debt options for leveraged buyouts
- Multi-layer debt and equity financing
- Deducting interest and characterization of debt and equity (Section 279 and Section 163).
- Allocation of basis in a taxable asset or stock purchase (Section 338(h)(10) or 336(e) elections)
Benefits
The panel will review these and other key issues:
- Identifying the mechanics of a properly structured leveraged buyout
- Recognizing the benefits and drawbacks of using multi-layer debt and equity financing structures
- Determining interest deductibility and proper characterization of debt and equity in various structures
- Discerning the different treatments of stepped-up vs. carryover basis and related tax implications
Faculty
Paul Schockett
Partner
Skadden Arps Slate Meagher & Flom
Mr. Schockett advises public and private companies on a broad range of U.S. federal income tax matters, with... | Read More
Mr. Schockett advises public and private companies on a broad range of U.S. federal income tax matters, with particular focus on U.S. and cross-border transactions. His practice includes significant work involving the tax aspects of partnership acquisitions and dispositions, joint venture and investment fund formations, and corporate mergers and acquisitions. He also advises clients with regard to the taxation of debt and equity financings, initial public offerings, bankruptcy restructurings and internal reorganizations. He frequently writes and lectures on tax-related topics, including partnership taxation, M&A transaction structuring, tax aspects of troubled company workouts, and renewable energy tax benefits.
Close
Matthew J. Donnelly
Atty
Skadden Arps Slate Meagher & Flom
Mr. Donnelly advises public and private companies on a broad range of domestic and international U.S. federal income... | Read More
Mr. Donnelly advises public and private companies on a broad range of domestic and international U.S. federal income tax issues, with particular focus on mergers, acquisitions, dispositions, joint ventures, debt and equity offerings, bankruptcy restructurings, transfer pricing, real estate investment trusts and tax-equity financings. He has significant experience with tax issues associated with related-party transactions.
Close
Robert C. Goldstein
Skadden Arps Slate Meagher & Flom
Mr. Goldstein represents issuers and investment banks in connection with a wide variety of public and private... | Read More
Mr. Goldstein represents issuers and investment banks in connection with a wide variety of public and private financings, including high-yield and investment grade debt financings, as well as initial public offerings and secondary offerings. He also has experience in liability management transactions, including out-of-court and in-court restructurings, tender offers, exchange offers and consent solicitations, and advises corporate clients with respect to corporate governance matters and securities law compliance. Prior to joining the firm, he was a capital markets and securities attorney in the New York office of another international law firm
Close