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Schwed becomes partner at Weil

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Mark Schwed will become a partner in Weil Gotshal & Manges’s tax, benefits, and executive compensation department in New York on January 1. 

Schwed advises clients, which include private equity sponsors and their portfolio companies, and public companies, on international and domestic transactions such as the structuring and negotiation of complex acquisitions, dispositions, joint ventures and financings. He regularly advises sponsors on tax matters involved in the structuring and negotiating of complex real estate transactions, including the formation of REITs. Recent matters have included advising General Electric on the tax aspects of its investment in Mubadala GE Capital PJSC; Thomas H Lee Partners on its multi-billion dollar bid to recapitalise and take control of Party City and Lehman Brothers in its acquisition, restructuring and disposition of Archstone.

Two tax lawyers will also become counsel from the start of next year: Edouard de Lamy in Paris and Oliver Walker in London.

The firm won the M&A tax firm of the year award at the European Tax Awards this year and worked on two winning deals in this year’s Americas Tax Awards. The sale to Comcast of General Electric’s remaining 49% stake in NBC Universal was named as media & entertainment tax deal of the year and the Leucadia National Corporation and Jefferies Group merger won the banking tax deal of the year award.

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