Jones Day has announced that six U.S. Supreme Court clerks from the 2012-2013 term will join its Issues & Appeals Practice as associates in its Chicago, Houston, New York and Washington offices. Last year, the firm hired six clerks from the 2011-2012 term. “The competition for this small group of extraordinary young lawyers is always intense, but for the second year in a row, we seem to have attracted more than any other firm,” said Beth Heifetz, the firmwide partner-in-charge of judicial clerk recruiting. “I read that as an endorsement of our firm's highly collegial approach both to the practice and to client service. Our new associates will have access to an extraordinary range of challenging litigation and not just within the District of Columbia. Our clients, who will have access to them, are the ultimate beneficiaries.”
The new arrivals, their office location, the Justices for whom they clerked, and their law schools are as follows:
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Three leading practitioners of real estate finance and federal and state tax credit law have joined the Boston office of global law firm Jones Day as partners. Douglas R. Banghart, Jeffrey D. Gaulin and John D. Kelley were previously partners in Holland & Knight LLP's Boston office. Associates Patrick J. Cronin, Sameer Patel and Brian D. Hern accompanied them, with Mr. Patel working in Jones Day's Chicago office.
“Tax credit incentives are complex, ever-changing, and increasingly important to the bottom line,” said Traci Lovitt, partner-in-charge of the Boston office. “Doug, Jeff and John have a national reputation for their mastery in this area. A broad range of our corporate and real estate industry clients, in Boston and beyond, will be well served by their counsel.”
Mr. Banghart practices in the area of state and federal tax credit syndication, partnership taxation, and nonprofit organizations. He has represented major institutional investors, developers, local governments, community development entities (CDEs), and nonprofit organizations, primarily in real estate redevelopment projects. Mr. Banghart has extensive experience in closing new markets tax credit leverage fund transactions, including acting as lead attorney on the largest single qualified equity investment ever closed, and combining historic and new markets tax credits in single transactions.
Mr. Gaulin focuses on structuring transactions involving historic rehabilitation tax credits, new markets tax credits, and state tax credits. He represents major institutional investors, developers, community development entities (CDEs), and nonprofit organizations in projects that utilize a combination of various tax credits and other financing sources including mixed-use real estate developments, hotels, commercial real estate projects, and renewable energy facilities. Mr. Gaulin has significant experience in partnership and corporate tax law, and was previously a member of the Tax Advisory Group at Ernst & Young, LLP, focusing on corporate and partnership taxation.
Mr. Kelley concentrates on tax and business transactions with an emphasis on real estate syndication, partnership law, and equity financing of partnerships, limited liability companies, and corporations. He has significant experience in representing institutional investors, syndicators, and developers in tax credit and incentive transactions, including federal and state low-income housing tax credits, federal new markets tax credits, and federal energy tax credits investments. Mr. Kelley also has experience representing major banks and other financial institutions in real estate financing transactions, including acquisition, construction, and permanent financing of multi-family projects throughout the United States.