Richard E. Peterson
Rich has experience in a wide variety of matters including taxation of mergers, acquisitions and divestitures, partnership taxation and international taxation.
Rich Peterson is experienced in partnership tax planning, including structuring venture capital funds (both U.S. and international) and advising potential investors. Rich has worked on mergers, acquisitions and divestitures including taxable and tax-free transactions with both asset and stock acquisitions. He also has significant tax litigation experience covering all aspects of IRS controversy work from audits and appeals work through litigation before the U.S. Tax Court.
Rich has extensive experience in many federal income tax areas including the aspects of tax-exempt finance and REITs. Rich has represented many publicly traded and privately held REITs and has issued many REIT tax opinions. Rich also has advised on a number of REIT conversions, offerings and other transactions. He provides tax advice to governmental issuers and conduit borrowers regarding a wide range of tax-exempt financings. One such representative transaction would include acting as tax advisor to bond counsel with respect to the issuance of bonds for the refurbishment of Soldier Field in Chicago. He represents taxpayers in tax controversies and the negotiation of closing agreements with the IRS. Rich also serves as tax counsel to exempt organizations regarding various tax exemption matters and to corporations and other entities regarding various state and local tax matters.
Education & Credentials
Education
- Columbia Law School, J.D., 1989
- DePaul University, B.S., 1986
Bar and Court Admissions
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Illinois
- U.S. Tax Court
Related Employment
- Altheimer & Gray, Chicago, IL, Partner, 1999-2003
- Kirkland & Ellis, Chicago, IL, Partner, 1996-1999, Associate, 1989-1996
Professional Recognition
Peer Review Rated AV in Martindale-Hubbell
(AV®, BV® and CV® are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies.)
*The Supreme Court of Illinois does not recognize certifications of specialties in the practice of law and no certificate, award or recognition is a requirement to practice law in Illinois.
Insights
News
Professional Experience
Mergers & Acquisitions
Sale of Inhabitat.com
Represented Inhabitat.com, a weblog devoted to sustainable architecture and sustainable design, in its sale to Internet Brands Inc.
Private Equity
New Markets Tax Counsel to Private Equity Fund Allocatee
Counsel to private equity fund allocatee in connection with formation of national leveraged loan fund.
Raising Equity Capital
Represented private equity sponsors in connection with raising of equity capital and various transactions.
Business
Counsel to placement agent for new markets tax credit government loan fund
Counsel to placement agent for New Markets Tax Credit (NMTC) debt and equity for proposed NMTC leveraged statewide governmental loan fund.
General Counsel to Recipient of Largest New Markets Tax Credit Aggregate Recipient
General counsel to recipient of largest aggregate NMTC allocations for Rounds #1, #2 and #3, with primary responsibility for developing legal structure for and negotiating equity and debt transactions.
Primary Counsel for First Major New Markets Tax Credit Leveraged Loan Fund in the Nation
Primary counsel for first major new markets tax credit leveraged loan fund in the nation, negotiation of allocation agreements with Community Development Financial Institutions (CDFI) Fund and negotiation of joint venture arrangements with suballocatees.
Hotels & Leisure
InterContinental, Chicago, IL
Represented Strategic Hotels & Resorts Inc. in the acquisition of a majority interest in this hotel, including negotiation of the hotel management agreement, the joint venture agreements, the financing documents and the refinancing of this hotel.
InterContinental, Miami, FL
Represented a public company in the acquisition of a majority interest in this hotel, including negotiation of the hotel management agreement, the joint venture agreements, the financing documents and the refinancing of this hotel.