Mr. Jonathan Russell Flora

Practice Details

• Firm Information
  Position

  Attorney

  Firm Name

  Ballard Spahr LLP
• Representative Cases & Transactions
  Cases

  Representative Matters: Advised a real estate private equity fund on the tax
  economic structure for its fund structure, portfolio investments,
  participation of foreign investors through blocker entities. Provided tax
  allocation provisions for inclusion in the fund's partnership agreement,
  advised foreign investors on specific U.S. income tax concerns involving their investments.
  Advised a closely held business on restructuring its affiliated group of entities in order to more efficiently allocate profits to founding members
  to maximize the efficiency of its pass through entities.
  Represented a specialty lender,
  six newly created affiliates, on the tax aspects of the negotiation
  documentation of a $100 million credit facility which enabled the lender to establish
  fund a first-of-its-kind asset-based lending program primarily secured by fine art.
  Provided tax guidance for the $159 million sale of partnership interests in various entities that collectively owned a portfolio of 32 net leased commercial properties. The transaction involved the defeasance of three securitized loans.
  Represented a developer of mixed use
  mixed income green buildings in the closing of a $21 million New Markets Tax Credit loan.
  Advised on the tax implications of a client's acquisition of the assets of a California manufacturer of piezoelectric equipment.
  Represented a real estate investment trust in connection with a $705,000,000 sale of approximately 100 office properties in various U.S. states.
  Advised an individual on tax issues related to the sale of his royalty interests in a series of patents to a private equity firm for approximately $10,000,000.
  Represented the largest wholesale insurance agency in New York on the tax aspects of the sale of substantially all their assets to a NYSE-listed company.