Bar Admissions
- New York
Court Admissions
- US Tax Court, 1981
Education
- Harvard Law School, JD
- cum laude
- University of Maryland, BA
- magna cum laude
Alan S. Waldenberg
Partner
Co-head of the Tax Group. Advises on income tax and international tax, including tax considerations in mergers and acquisitions, restructurings and workouts, and international investments with a particular emphasis on transactions involving investment funds.
Alan’s representative engagements and transactions include serving as primary tax counsel on:
- Albertsons Companies’ initial public offering of 50 million shares of its common stock on the New York Stock Exchange. The common stock was priced at $16 per share, valuing Albertsons’ equity at $9.5 billion. Albertsons, one of the largest food and drug retailers in the United States, operates stores across 34 states and the District of Columbia. Widely covered by media, the IPO made national headlines and the shares began trading in June 2020.
- The issuance and sale of $1.75 billion in convertible preferred equity of Albertsons Companies to a group of investors led by Apollo Global Management Inc., also in 2020.
He has served as primary international tax counsel in connection with substantial investments by investment funds in distressed debt and real estate located in the United Kingdom, Ireland, Germany, Italy, Spain and Japan.
He was also involved in the recapitalization and subsequent IPO of BAWAG, the second-largest bank in Austria, and the $1.05 billion sale of LNR Property, a leading diversified real estate investment, finance, management and development firm. This transaction was named “Real Estate Deal of the Year” at the M&A Atlas Awards: Global Major Markets.
Other significant transactions include serving as primary tax counsel for:
- A group of investment funds in connection with the acquisition of a majority of GMAC from General Motors and the subsequent restructuring of that investment, including GMAC’s conversion to a bank and its receipt of an infusion of capital from the U.S. Treasury
- The acquisition of a controlling interest in Chrysler from DaimlerChrysler
- The sale of Chrysler Financial for cash consideration of approximately $6.3 billion, a transaction named the biggest deal of 2010 by The Globe and Mail, the “Financial Services Deal of the Year” at the M&A Atlas Awards and the “Cross Border Deal of the Year over $100M” at the ACG New York Champion’s Awards
Alan’s other award-winning deals include the acquisition of:
- AT&T’s Yellow Pages - Advertising Solutions and Interactive Businesses, named the “North America Large Private Equity Deal of the Year” at the Americas M&A Atlas Awards and the “M&A Deal of the Year (Over $500mm)” at the New York Champion’s Awards
- Boston-based Caritas Christi Health Care, selected as Investment Dealers’ Digest magazine’s “Deal of the Year” award in the healthcare category and the “North America Private Equity Deal of the Year” at the Americas M&A Atlas Awards.
Alan has also worked on numerous other domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations, and has served as primary tax counsel in connection with the structuring of private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds, funds investing primarily in debt, and distressed opportunity funds.
He is a certified public accountant in the State of Maryland.
Alan is a member of the Taxation Sections of the American Bar Association and the New York State Bar Association and a Fellow of The New York Bar Foundation.
- Primary tax counsel in numerous domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations.
- Primary tax counsel in structuring private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds and distressed opportunity funds.
- $800 million dual-currency Eurodollar financing for major Japanese securities firm.
- Convertible mortgage and other hybrid financing transaction relating to foreign investment in substantial U.S. real estate assets.
- Tax counsel in significant private REIT transactions.
- Restructuring transactions for global businesses, including hotel and real estate companies, telecom companies and retailers.
- “IRS Issues Final Regulations Addressing Ownership of Domestically Controlled REITs,” Schulte Alert, April 29, 2024
- “Recent Tax Court Opinion May Alter Limited Partners’ Self-Employment Tax Liability,” Schulte Alert, Nov. 30, 2023
- “New Proposed Regulations Would Affect the Taxation of Foreign Investors in U.S. Real Estate,” Schulte Alert, Jan. 6, 2023
- “Voya Financial’s Acquisition of Czech Asset Management,” Global Legal Chronicle, Aug. 9, 2022 (featured)
- “Tax Update: IRS and New York State Delay April 15 Income Tax Return Filing and Tax Payment (Uncapped) Deadlines Until July 15 (COVID-19),” Schulte Alert, April 3, 2020
- “Asset Securitization,” United States Taxation Guide – International Tax Review, Euromoney Publications PLC, 1994, co-author
- “The Short Life and Lingering Death of Safe Harbor Leasing,” American Bar Association Journal, 1983, co-author
- “Taxable Acquisitions,” Business Acquisitions, 2nd Edition (Practising Law Institute) 1981, 1983 and 1986, co-author
- “Tax Considerations for 2013,” Schulte 22nd Annual Private Investment Funds Seminar, New York, Jan. 2013
- “Positioning Your Fund for Distressed Investing,” Schulte 19th Annual Private Investment Funds Seminar, New York, Jan. 2010
- “Tax Law Developments,” Schulte 17th Annual Private Investment Funds Seminar, New York, Jan. 2008
- “Partnership Planning & Problem Areas,” 11th Annual Conference on Federal Taxation of Real Estate Transactions, New York University Real Estate Institute and Institute on Federal Taxation, New York, 1989
- Taxation Section, American Bar Association
- Taxation Section, New York State Bar Association
- Fellow, The New York Bar Foundation
- Chambers USA
- The Legal 500 US
- The Best Lawyers in America
- New York Super Lawyers
- Tax Directors Handbook
- Certified Public Accountant, Maryland, 1976
- Primary tax counsel in numerous domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations.
- Primary tax counsel in structuring private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds and distressed opportunity funds.
- $800 million dual-currency Eurodollar financing for major Japanese securities firm.
- Convertible mortgage and other hybrid financing transaction relating to foreign investment in substantial U.S. real estate assets.
- Tax counsel in significant private REIT transactions.
- Restructuring transactions for global businesses, including hotel and real estate companies, telecom companies and retailers.
- “IRS Issues Final Regulations Addressing Ownership of Domestically Controlled REITs,” Schulte Alert, April 29, 2024
- “Recent Tax Court Opinion May Alter Limited Partners’ Self-Employment Tax Liability,” Schulte Alert, Nov. 30, 2023
- “New Proposed Regulations Would Affect the Taxation of Foreign Investors in U.S. Real Estate,” Schulte Alert, Jan. 6, 2023
- “Voya Financial’s Acquisition of Czech Asset Management,” Global Legal Chronicle, Aug. 9, 2022 (featured)
- “Tax Update: IRS and New York State Delay April 15 Income Tax Return Filing and Tax Payment (Uncapped) Deadlines Until July 15 (COVID-19),” Schulte Alert, April 3, 2020
- “Asset Securitization,” United States Taxation Guide – International Tax Review, Euromoney Publications PLC, 1994, co-author
- “The Short Life and Lingering Death of Safe Harbor Leasing,” American Bar Association Journal, 1983, co-author
- “Taxable Acquisitions,” Business Acquisitions, 2nd Edition (Practising Law Institute) 1981, 1983 and 1986, co-author
- “Tax Considerations for 2013,” Schulte 22nd Annual Private Investment Funds Seminar, New York, Jan. 2013
- “Positioning Your Fund for Distressed Investing,” Schulte 19th Annual Private Investment Funds Seminar, New York, Jan. 2010
- “Tax Law Developments,” Schulte 17th Annual Private Investment Funds Seminar, New York, Jan. 2008
- “Partnership Planning & Problem Areas,” 11th Annual Conference on Federal Taxation of Real Estate Transactions, New York University Real Estate Institute and Institute on Federal Taxation, New York, 1989
- Taxation Section, American Bar Association
- Taxation Section, New York State Bar Association
- Fellow, The New York Bar Foundation
- Chambers USA
- The Legal 500 US
- The Best Lawyers in America
- New York Super Lawyers
- Tax Directors Handbook
- Certified Public Accountant, Maryland, 1976
Alan S. Waldenberg
Partner
Co-head of the Tax Group. Advises on income tax and international tax, including tax considerations in mergers and acquisitions, restructurings and workouts, and international investments with a particular emphasis on transactions involving investment funds.
Alan’s representative engagements and transactions include serving as primary tax counsel on:
- Albertsons Companies’ initial public offering of 50 million shares of its common stock on the New York Stock Exchange. The common stock was priced at $16 per share, valuing Albertsons’ equity at $9.5 billion. Albertsons, one of the largest food and drug retailers in the United States, operates stores across 34 states and the District of Columbia. Widely covered by media, the IPO made national headlines and the shares began trading in June 2020.
- The issuance and sale of $1.75 billion in convertible preferred equity of Albertsons Companies to a group of investors led by Apollo Global Management Inc., also in 2020.
He has served as primary international tax counsel in connection with substantial investments by investment funds in distressed debt and real estate located in the United Kingdom, Ireland, Germany, Italy, Spain and Japan.
He was also involved in the recapitalization and subsequent IPO of BAWAG, the second-largest bank in Austria, and the $1.05 billion sale of LNR Property, a leading diversified real estate investment, finance, management and development firm. This transaction was named “Real Estate Deal of the Year” at the M&A Atlas Awards: Global Major Markets.
Other significant transactions include serving as primary tax counsel for:
- A group of investment funds in connection with the acquisition of a majority of GMAC from General Motors and the subsequent restructuring of that investment, including GMAC’s conversion to a bank and its receipt of an infusion of capital from the U.S. Treasury
- The acquisition of a controlling interest in Chrysler from DaimlerChrysler
- The sale of Chrysler Financial for cash consideration of approximately $6.3 billion, a transaction named the biggest deal of 2010 by The Globe and Mail, the “Financial Services Deal of the Year” at the M&A Atlas Awards and the “Cross Border Deal of the Year over $100M” at the ACG New York Champion’s Awards
Alan’s other award-winning deals include the acquisition of:
- AT&T’s Yellow Pages - Advertising Solutions and Interactive Businesses, named the “North America Large Private Equity Deal of the Year” at the Americas M&A Atlas Awards and the “M&A Deal of the Year (Over $500mm)” at the New York Champion’s Awards
- Boston-based Caritas Christi Health Care, selected as Investment Dealers’ Digest magazine’s “Deal of the Year” award in the healthcare category and the “North America Private Equity Deal of the Year” at the Americas M&A Atlas Awards.
Alan has also worked on numerous other domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations, and has served as primary tax counsel in connection with the structuring of private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds, funds investing primarily in debt, and distressed opportunity funds.
He is a certified public accountant in the State of Maryland.
Alan is a member of the Taxation Sections of the American Bar Association and the New York State Bar Association and a Fellow of The New York Bar Foundation.
Bar Admissions
- New York
Court Admissions
- US Tax Court, 1981
Education
- Harvard Law School, JD
- cum laude
- University of Maryland, BA
- magna cum laude
- Primary tax counsel in numerous domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations.
- Primary tax counsel in structuring private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds and distressed opportunity funds.
- $800 million dual-currency Eurodollar financing for major Japanese securities firm.
- Convertible mortgage and other hybrid financing transaction relating to foreign investment in substantial U.S. real estate assets.
- Tax counsel in significant private REIT transactions.
- Restructuring transactions for global businesses, including hotel and real estate companies, telecom companies and retailers.
- “IRS Issues Final Regulations Addressing Ownership of Domestically Controlled REITs,” Schulte Alert, April 29, 2024
- “Recent Tax Court Opinion May Alter Limited Partners’ Self-Employment Tax Liability,” Schulte Alert, Nov. 30, 2023
- “New Proposed Regulations Would Affect the Taxation of Foreign Investors in U.S. Real Estate,” Schulte Alert, Jan. 6, 2023
- “Voya Financial’s Acquisition of Czech Asset Management,” Global Legal Chronicle, Aug. 9, 2022 (featured)
- “Tax Update: IRS and New York State Delay April 15 Income Tax Return Filing and Tax Payment (Uncapped) Deadlines Until July 15 (COVID-19),” Schulte Alert, April 3, 2020
- “Asset Securitization,” United States Taxation Guide – International Tax Review, Euromoney Publications PLC, 1994, co-author
- “The Short Life and Lingering Death of Safe Harbor Leasing,” American Bar Association Journal, 1983, co-author
- “Taxable Acquisitions,” Business Acquisitions, 2nd Edition (Practising Law Institute) 1981, 1983 and 1986, co-author
- “Tax Considerations for 2013,” Schulte 22nd Annual Private Investment Funds Seminar, New York, Jan. 2013
- “Positioning Your Fund for Distressed Investing,” Schulte 19th Annual Private Investment Funds Seminar, New York, Jan. 2010
- “Tax Law Developments,” Schulte 17th Annual Private Investment Funds Seminar, New York, Jan. 2008
- “Partnership Planning & Problem Areas,” 11th Annual Conference on Federal Taxation of Real Estate Transactions, New York University Real Estate Institute and Institute on Federal Taxation, New York, 1989
- Taxation Section, American Bar Association
- Taxation Section, New York State Bar Association
- Fellow, The New York Bar Foundation
- Chambers USA
- The Legal 500 US
- The Best Lawyers in America
- New York Super Lawyers
- Tax Directors Handbook
- Certified Public Accountant, Maryland, 1976
- Primary tax counsel in numerous domestic and international private equity investments, including acquisitions of international banks, international finance companies, retail companies, manufacturing businesses and industrial operations.
- Primary tax counsel in structuring private equity funds and hedge funds, including funds investing primarily in domestic and international private equity, funds investing primarily in Asia and Europe, real estate funds and distressed opportunity funds.
- $800 million dual-currency Eurodollar financing for major Japanese securities firm.
- Convertible mortgage and other hybrid financing transaction relating to foreign investment in substantial U.S. real estate assets.
- Tax counsel in significant private REIT transactions.
- Restructuring transactions for global businesses, including hotel and real estate companies, telecom companies and retailers.
- “IRS Issues Final Regulations Addressing Ownership of Domestically Controlled REITs,” Schulte Alert, April 29, 2024
- “Recent Tax Court Opinion May Alter Limited Partners’ Self-Employment Tax Liability,” Schulte Alert, Nov. 30, 2023
- “New Proposed Regulations Would Affect the Taxation of Foreign Investors in U.S. Real Estate,” Schulte Alert, Jan. 6, 2023
- “Voya Financial’s Acquisition of Czech Asset Management,” Global Legal Chronicle, Aug. 9, 2022 (featured)
- “Tax Update: IRS and New York State Delay April 15 Income Tax Return Filing and Tax Payment (Uncapped) Deadlines Until July 15 (COVID-19),” Schulte Alert, April 3, 2020
- “Asset Securitization,” United States Taxation Guide – International Tax Review, Euromoney Publications PLC, 1994, co-author
- “The Short Life and Lingering Death of Safe Harbor Leasing,” American Bar Association Journal, 1983, co-author
- “Taxable Acquisitions,” Business Acquisitions, 2nd Edition (Practising Law Institute) 1981, 1983 and 1986, co-author
- “Tax Considerations for 2013,” Schulte 22nd Annual Private Investment Funds Seminar, New York, Jan. 2013
- “Positioning Your Fund for Distressed Investing,” Schulte 19th Annual Private Investment Funds Seminar, New York, Jan. 2010
- “Tax Law Developments,” Schulte 17th Annual Private Investment Funds Seminar, New York, Jan. 2008
- “Partnership Planning & Problem Areas,” 11th Annual Conference on Federal Taxation of Real Estate Transactions, New York University Real Estate Institute and Institute on Federal Taxation, New York, 1989
- Taxation Section, American Bar Association
- Taxation Section, New York State Bar Association
- Fellow, The New York Bar Foundation
- Chambers USA
- The Legal 500 US
- The Best Lawyers in America
- New York Super Lawyers
- Tax Directors Handbook
- Certified Public Accountant, Maryland, 1976