Sanford Jay Davis

Practice Details

• Firm Information
  Position

  Partner

  Firm Name

  Akerman LLP
• Representative Cases & Transactions
  Transactions

  Representative Transactions: Advised sale of family-owned construction materials business to publicly-traded competitor, structuring sale consideration and go-forward incentive compensation to management.; Advising publicly-traded company in mining industry on restructuring of US joint venture.; Advised global restructuring of financial services industry business changing holding company jurisdiction from US to UK.; Advised management on $400M sale of US and non-US portfolio companies in sale led by two Private Equity Funds.; Advising US and non-US tax consequences for Private Equity Fund-US Portfolio Co. acquisitions in Italy, Malta, UK, Northern Ireland, and Switzerland.; Structured investment by Private Equity Fund into Leading Diet Brand and related asset reorganization monetizing 70% of founder equity.; Advising worldwide tax and corporate structure for Children's Toy Manufacturer based in Asia with focus on structure of Intellectual Property.; Designed reorganization of EU Country-Based Internet Co. to Offshore Jurisdiction tiered UK/Luxembourg holding companies.; Negotiated and structured Offshore JV Investor Vehicle and UK operating companies for US and UK investor joint venture to locate well-known Boutique Hotel in London.; Advised proposed stock-for-stock acquisition of foreign Telecom Equipment Co. by US SPAC and related Outbound SPAC Reorganization step.; Represented NY Area Financial Services Co. with $100M enterprise value in private auction process with three parallel Private Equity Bidders.; Successfully proposed to Major Private Equity Firm in $300M Buy-Out LLC-acquisition vehicle to facilitate Management Rollover.; Advised two British plc purchases through its US consolidated group of unrelated S corporations.; Advised two Italian SpA acquisitions of unrelated C corporations, with focus on acquisition/funding structure.; Structured Derivative Instrument for Founders of Public European Co. consisting of pre-paid forward and call option terms.; Successfully argued before Federal Circuit Court of Appeals in Falconwood v. U.S. and obtained favorable decision precluding step transaction doctrine integration of multi-step reorganization.; Structured buy-back from VC investors for boutique US-UK Hotel/Club.; Represented GP/Energy Banker in $750M Power Transmission joint venture.; Negotiated asset sale for US Chemical Co. in flavors and fragrances industry to Imperial Chemical Industries, plc.; Developed tax strategy for Section 965 Dividend to Manufacturer from UK and Ireland CFCs.; Designed tax return positions for Offshore Trust Sale of Foreign Beverage Co. ($335M) to reduce US taxes to beneficiaries and avert foreign currency translation gain.; Structured European Art sales to Exclusive US Gallery; guiding IRC 482 Transfer Price Study.; Advising US Investors/Boutique Hotel Brand on investment vehicle for UK Hotel Property Acquisition.; Advised Hedge Fund sale to competitor expanding via roll-ups with view to public offering.; Developed tax return reporting strategy for Public Silicon Valley Co. to maximize utility of half-billion NOL Carryover.; Avoided large COD income tax liability for Public German Finance Co. attributable to modification of debt of US affiliate incurred for US Realty/Mortgage JV.; Structured/priced Greek Investor funding to take out Private Equity Investor in Distressed US Housing Co.; Advised Italian Logistics Co. on Mexican JV and purchase of US Government Contracts Co.; Advising West Coast-Based Family Investment Co. on VC/Private Equity investments.