Edouard S. Markson

Partner

Practice Description

Ted Markson advises corporations and partnerships on the U.S. Federal income tax aspects of domestic and international transactions. His experience includes mergers and acquisitions, dispositions, and joint ventures; financial products and structured financings; and capital markets transactions. Mr. Markson's clients include financial institutions and other businesses in the U.S. and abroad. He regularly advises private investment funds on a range of organizational and transactional matters.

Mr. Markson has worked with clients to develop innovative financial products. Among the notable transactions in which he has been involved are the first issuances of hybrid Tier 1 capital securities issued by subsidiaries of banks in Japan (Industrial Bank of Japan), France (Société Générale), Italy (Banca Intesa) and Switzerland (UBS). He has represented a variety of investment and commercial banks in complex cross-border financings.

Mr. Markson is also a member of Chadbourne's award-winning renewable energy practice, representing investors and developers in tax-advantaged financing of projects generating electricity from wind and solar energy.

Representative Matters

• Representing Southern Cross Latin America Private Equity Fund III, L.P. in a joint venture/private equity investment in a pharmaceutical company in Mexico.
• Represented The Goldman Sachs Group in its acquisition of Cogentrix Energy, Inc. and the acquisition by Cogentrix of the merchant power assets of National Energy & Gas Transmission, Inc.
• Represented Goldman, Sachs & Co. in connection with the restructuring of Long Term Capital Management L.P.
• Represented Morgan Stanley in connection with its investment in a portfolio of solar electric generating assets.
• Represented Royal Philips Electronics N.V. in the acquisition of ATL Ultrasound Inc., VLSI Technology Inc., Optiva Corp. and the Healthcare Solutions business of Agilent Technologies, Inc.
• Represented Credit Suisse in connection with the establishment of Global Infrastructure Partners.
• Represented Leaf Clean Energy Company, an alternative-energy-focused private equity fund, in a private equity investment in Greenline Industries Inc.
• Represented Royal Philips Electronics N.V. in the formation and subsequent dissolution of Philips Consumer Communications, L.P., its joint venture with Lucent Technologies.
• Represented PolyGram N.V. in the sale of assests of PolyGram Filmed Entertainment to Metro-Goldwyn-Mayer Inc.
• Represented Eastman Kodak Company in the sale of its office imaging business to Heidelberger Druckmaschinen AG.
• Represented Eastman Kodak Company in the formation of Kodak Polychrome Graphics L.P., its joint venture with Sun Chemical Corp.
• Represented Eastman Kodak Company in its acquisition of the medical imaging business of Imation Corp.
• Represented BP plc in its acquisition of Amoco Corporation.
• Represented Vodafone Group plc in its acquisition of AirTouch Communications, Inc.
• Represented Vodafone Group plc in its acquisition of interests in J-Phone Communications and operating subsidiaries from BT plc.
• Represented Vodafone plc in its acquisition of Eircell.
• Represented D.E. Shaw in the sale of D.E. Shaw Financial Products to KBC Bank N.V.
• Represented D.E. Shaw & Co. in the restructuring of its structured credit facility with the Bank of America.
• Represented Wachovia Corporation in the acquisition of SouthTrust Corporation and Metropolitan West Securities LLC.
• Represented National Australia Bank in its sale of Michigan National Corporation to a subsidiary of ABN Amro Bank N.V.
• Represented The Bank of New York in its acquisition of Pershing LLC.
• Represented The Bank of New York Company, Inc. in its acquisition of Ivy Asset Management, LLC.
• Represented The Bank of New York Company Inc. in its sale of its interest in BNY Inter-Maritime Bank to a subsidiary of Bank Hapoalim.
• Represented U.S. Bancorp in its acquisition of Libra Investments, Inc.
• Represented U.S. Bancorp in its merger with Firstar Corp.
• Represented Goldman Sachs in the issuance of hybrid preferred capital securities by Sumitomo Bank (through SB Treasury Company LLC).
• Represented the Industrial Bank of Japan in its issuance of hybrid preferred capital securities (through IBJ Preferred Capital Company L.L.C.).
• Represented Société Générale in its issuance of hybrid preferred capital securities (through SocGen Real Estate Company LLC, SG Capital Trust, SG Americas Inc. and SG Capital Trust III).
• Represented Goldman Sachs International in the issuance of hybrid preferred capital securities by Banca Intesa (through Intesa Preferred Capital Company L.L.C.) and Banca Popolare di Milano (through BPM Capital Trust I).
• Represented UBS AG in its issuance of hybrid preferred capital securities (through UBS Preferred Funding Trust I) and its subsequent shelf registration of additional hybrid preferred capital securities.
• Represented ABN Amro in the issuance of hybrid preferred capital securities by Banca Antonveneta  Popolare di Veneto (through Antonveneta Capital Trust I and Antonveneta Capital Trust II).

Honors

Speeches and Events