Sheldon M. Bonovitz is a lawyer practicing federal income taxation, corporate law, mergers and acquisitions. Sheldon received a B.S. Econ. degree from The Wharton School of the University of Pennsylvania, and has been licensed for 63 years. Sheldon practices at Duane Morris LLP in New York, NY and 1 other location.
Reviews for Sheldon
Services
Areas of Law
Practice Details
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Firm InformationPositionChairman EmeritusFirm NameDuane Morris LLP
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Representative Cases & TransactionsCasesRepresentative Matters: Negotiating
resolving a complex corporate dispute resulting in $400 million of debt forgiveness
tax planning to eliminate tax on debt forgiveness.
Advising on succession planning of a large multi-billion dollar publicly-held corporation.
Advising the Board of $600 million market cap company on a strategy for achieving a liquidity event
managing process between Company
its investment bankers.
Advising a real estate fund with $1 billion of equity on various tax, real estate
structuring strategies.
Advising a real estate syndication client on structuring strategies, involving transactions totaling $100 million plus.
Advising on the strategy of the sale of a business to a Fortune 100 Company netting proceeds to the seller's shareholders of $125 million
responsibility for advising on management consultants, investment bankers
sale negotiations.
Structured a substantial investment in a technology company that was taxed as a pass-through entity using equity participation rights for strategic participants
venture investors.
Structured innovative deferred compensation plans for senior executives in Fortune 500 companies.
Experience
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Bar Admission & MembershipsAdmissions1963, District of Columbia
1965, Pennsylvania
Supreme Court of the United States
U.S. Tax Court
U.S. Court of Appeals for the Third Circuit
U.S. Court of Claims
Supreme Court of Pennsylvania
MembershipsProfessional Activities
•Adjunct Professor at Columbia Law School teaching a course on The Large Law Firm - Organization, Operation, Strategies and Issues.
Bar Fellowshipof the American College of Tax Counsel and a member of the Tax Advisory Group of the American Law Institute. He has written numerous articles on corporate tax, has lectured at various tax institutes throughout the country and has taught advanced courses in taxation at the University of Pennsylvania Law School and at the Graduate Tax Program of Temple University School of Law. Mr. Bonovitz most recently is an adjunct professor at Columbia Law School, teaching a course on "The Large Law Firm - Organization, Operation, Strategies and Issues," covering the subject in a current, realistic, large law firm setting. He previously taught this course at Harvard Law School.A former Attorney-Advisor to the Honorable Arnold Raum of the United States Tax Court, Mr. Bonovitz is a graduate of Harvard Law School and the University of Pennsylvania's Wharton School of Finance and Commerce.
Representative Matters
• Negotiating and resolving a complex corporate dispute resulting in $400 million of debt forgiveness; tax planning to eliminate tax on debt forgiveness.
• Advising on succession planning of a large multi-billion dollar publicly-held corporation.
• Advising the Board of $600 million market cap company on a strategy for achieving a liquidity event; managing process between Company and its investment bankers.
• Advising a real estate fund with $1 billion of equity on various tax, real estate and structuring strategies.
• Advising a real estate syndication client on structuring strategies, involving transactions totaling $100 million plus.
• Advising on the strategy of the sale of a business to a Fortune 100 Company netting proceeds to the seller's shareholders of $125 million; responsibility for advising on management consultants, investment bankers and sale negotiations.
• Structured a substantial investment in a technology company that was taxed as a pass-through entity using equity participation rights for strategic participants and venture investors.
• Structured innovative deferred compensation plans for senior executives in Fortune 500 companies.
Areas of Practice
• Federal Income Taxation
• Corporate Law
• Mergers and Acquisitions
Professional Activities
• Adjunct Professor at Columbia Law School teaching a course on "The Large Law Firm - Organization, Operation, Strategies and Issues."
Honors and Awards
• Listed in Pennsylvania Super Lawyers, 2005-2010
• AV® Preeminent™ Peer Review Rated by Martindale-Hubbell
Civic and Charitable Activities
• Board of Trustees, Barnes Foundation
• Board of Trustees, Philadelphia Museum of Art
• Board of Trustees, Free Library of Philadelphia Foundation
• Board of Trustees, Curtis Institute of Music
• Trustee, Dolfinger-McMahon Charitable Trust
• Trustee, Christian R. and Mary F. Lindback Foundation
• Chairman, Foundation for Self-Taught American Artists
• Chairman, Board of Directors, Philadelphia's Children First Fund
Member: Philadelphia Bar Association (Former Chairman, Tax Section); American Bar Association (Former Chairman, Corporate Tax Committee and Committee on Affiliated and Related Corporations, Taxation Section); Pennsylvania Bar Association (Tax Law Section). Fellow: American College of Tax Counsel.
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Education & CertificationsLaw SchoolHarvard Law School
Class of 1962
J.D.
cum laude
Other EducationThe Wharton School of the University of Pennsylvania
B.S. Econ.
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Personal Details & HistoryAgeBorn in 1937
Cleveland, Ohio, April 26, 1937
Sheldon M. Bonovitz
1540 Broadway, 14th FloorNew York, NY 10036U.S.A.
Show on map1540 Broadway, 14th FloorNew York, NY 10036U.S.A.
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