Todd Wallace provides federal tax and structuring advice for a wide variety of corporate and partnership transactions, including corporate and partnership acquisitions and dispositions, restructuring of debt and equity interests, venture capital transactions, and representation of private companies and entrepreneurs. A significant portion of his practice has involved federal tax controversies, including representing taxpayers in audits, appeals conferences, technical advice, and private letter ruling proceedings. He is coordinator of the Firm's Tax Practice in its Texas offices and served as chair of the Firm's Tax Opinions Committee.
Todd has particular experience in the structuring of tax-advantaged investments, including structures for the monetization of tax credits, securitization of tax-exempt obligations, and a variety of structured finance transactions. Among his regular clients in these specialized areas are Goldman Sachs and other large corporate investors (as to tax credits); tax-exempt money market funds managed by Federated, Fidelity, Schwab, and Vanguard as buyers and Citibank as sponsor (as to securitizations of tax-exempt obligations); and Bank of America, Citibank, and Morgan Stanley (as to structured finance).
MPLX and Marathon Petroleum Corporation acquire MarkWest Energy for $20 billion, creating fourth-largest MLP
Sprint obtains $1.1 billion for sale and lease-back of certain leased devices to Mobile Leasing Solutions
Citibank serves as liquidity provider and Citigroup Global Markets serves as remarketing agent in $667 million VRDP Shares issuance by Nuveen closed-end municipal bond fund