Will Becker

Will S. Becker


Partner

 

Overview

Will Becker's practice focuses on federal income tax matters and Texas franchise tax and sales and use tax matters, with an emphasis on mergers and acquisitions, real estate joint ventures, acquisitions and dispositions, and corporate reorganizations, spin-offs and restructurings. Will assists clients in analyzing such tax matters and their impact on REITs, including formation, operation and disposition of REITs, corporations, S corporations, partnerships, limited liability companies, hedging transactions and other derivative transactions.

Additionally, Will has assisted clients in qualifying for investment tax credits and production tax credits for renewable energy projects and has assisted nonprofit clients in forming public charities and private foundations, including filing for federal income tax exemption for such entities.

Representative Experience

Will’s experience includes the representation of:

  • NYSE REITs in numerous follow-on stock offerings and debt offerings
  • NYSE hospitality REIT in spin-off and initial public offering of NYSE specialized hospitality REIT
  • NYSE hospitality REIT in spin-off of publicly traded REIT advisory company
  • An investor and a real estate developer in a $1 billion multifamily joint venture involving an acquisition from a sovereign fund
  • Public real estate advisory firm in acquisitions and joint ventures, involving private REITs, tax-exempt organizations and foreign pension fund investors

Will’s experience also includes the tax work in connection with the representation of:

  • Ashford Hospitality Trust in exchange offers of its preferred stock for common stock
  • Kosmos Energy in a crude oil prepayment agreement with Trafigura Trading LLC
  • Melody Investment Advisors LP in connection with the acquisition of 90% of Uniti Towers, the wireless tower business of real estate investment trust Uniti Group Inc. (NASDAQ: UNIT), for approximately $220 million in cash
  • Comstock Resources, Inc., in an underwritten public offering of 40 million shares of common stock at a price of $5.00 per share, with a 30-day option for underwriters to purchase up to 6 million additional shares of common stock
  • Burk Royalty Co., Ltd., in the sale of oil and gas assets in East Texas to ETX Energy, LLC
  • Lamar Advertising Company, a leading owner of outdoor advertising and logo sign displays, on an amendment to its $175 million accounts receivable securitization program
  • Lamar Advertising Company on a $400 million high yield bond transaction
  • Lamar Advertising Company on $2.35 billion in high yield bond and credit transactions
  • Cable One, Inc., in the sale of 115 telecommunications towers and other related property interests to CTI Towers, Inc., in exchange for equity interests therein
  • Ashford Inc. in its completed combination with Remington Holdings, LP
  • Venture Metals, LLC, a leading provider of industrial recycling services, in a strategic investment from Mill Rock Capital Management LP
  • Comstock Resources, Inc., in the acquisition of Covey Park Energy LLC in a cash and stock merger valued at approximately $2.2 billion
  • Robert Vanman, the founder and CEO of WatchGuard, Inc., in the sale of WatchGuard to Motorola Solutions, Inc.
  • Brink’s Incorporated in the acquisition of Balance Innovations

Professional Affiliations and Recognitions

  • Named, The Best Lawyers in America®, Tax Law (2021)
  • Recognized, Best Lawyers in Dallas, D Magazine (2015-2020)
  • Named, Super Lawyers® Texas Rising Star, Tax (2016-2018)
  • Profiled, Leading Tax Lawyers in the United States, The US Legal 500 (2015)
  • Member, Dallas Bar Association
  • Member, State Bar of Texas
  • Fellow, Texas Bar Foundation