Stephanie McDermott


Associate

 

Overview

Stephanie McDermott is a transactional associate whose practice focuses on tax planning and compliance for corporations, partnerships and limited liability companies, including in connection with public and private mergers and acquisitions, private equity financing, public and private securities offerings, and the formation of investment funds. She also has significant experience with S corporations, real estate investment trusts, qualified small business stock, and various nonprofits, including tax-exempt organizations and private foundations.

Representative Experience

  • Assisted with representation of NYSE REITs in numerous follow-on stock offerings
  • Assisted with representation of $1 billion multifamily joint venture between an investor and a real estate developer involving an acquisition from a sovereign fund
  • Assisted with representation of public real estate advisory firm in acquisitions and joint ventures, involving private REITs, tax-exempt organizations and foreign pension fund investors
  • Assisted with representation of leading owner of outdoor advertising and logo sign displays in acquisition of another billboard operation in five U.S. markets (Lamar Advertising Company)
  • Assisted with representation of private energy infrastructure investment firm in acquisition of two combined-cycle gas turbine plants (Starwood Energy Group)
  • Assisted with representation of hospitality REIT in public offering of Series D cumulative preferred stock (Braemar Hotels)
  • Assisted with representation of oil and gas company in the closed acquisition of oil and gas properties (Comstock Resources)
  • Assisted with representation of energy company in acquisition of 100 percent of the issued share capital of mining company and 100 percent of the membership (Merit Energy)
  • Advised public charity with $57 million in assets on plan to partner with private investors and engage in economic development, including structuring and financing concerns and operations requirements
  • Reviewed private placement memoranda to provide formal tax opinions on the prudence of investments, including advising private foundation with $770 million fund on UBIT and jeopardizing investment rules
  • Advised nonprofit clients on excess business holdings, self-dealing provisions, and supporting organization rules, including a private foundation with a $1.8 billion fund owning closely-held stock
  • Prepared, submitted and successfully obtained group exemption from the Internal Revenue Service on behalf of tax-exempt client and its affiliates
  • Advised tax-exempt 501(c)(6) organization on formation of subsidiary limited liability company and prepared corresponding organizing documents

Professional Affiliations and Recognitions

  • Named, Best Lawyers: Ones to Watch, Tax Law (2021)