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North America - United States • Tax

Norton Rose Fulbright

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Norton Rose Fulbright, with offices in New York and Texas supported by a strong national and global network, has an especially strong reputation for its work in the energy sector, including in the renewables space. New York’s William Cavanagh, regularly handling domestic and cross-border M&A, spin-offs, project finance transactions, securities offerings, and securitized loan transactions, chairs the team alongside Robert Morris in Houston, who focuses on tax controversy matters. Houston-based William Bowers specializes in federal income tax planning for business transactions involving corporations, partnerships, and real estate investment trusts. He offers clients niche expertise in Up-C structure tax issues. Richard Wright in New York is active in the energy, tech, aerospace, and pharma sectors, while Houston’s Stephen Kuntz concentrates on deals involving corporations, partnerships, and limited liability companies. Hilary Lefko in Washington DC has recently acted in relation to tax equity financings, tax credit sales, and renewables M&A.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The practice is unique because of the team's unique knowledge of our tax structures and needs. Those skills help NRF provide us with excellent tax advice. ’

  • ‘The client service is very good. Stand-out partners are Les Schreyer, Lauren Kelly, and Bill Cavanagh. Stand-out associates are Ben Roth and Kevin Prokup.'

  • ‘Norton Rose is an exceptional firm with strong tax expertise across a broad range of industries.’

  • ‘Todd Schroeder is excellent and a highly capable tax attorney.’

Key clients

  • Macquarie Capital (USA) Inc.
  • Residential Logistics Solutions, LLC
  • Republic Services, Inc.
  • Sterling Investment Partners, L.P.
  • Savion, LLC
  • Enerflex Ltd.
  • IAS Claims Services
  • Celerant Capital
  • Accenture
  • Anghami

Work highlights

  • Represented Macquarie Capital, as special tax counsel, in relation to the sale of subsidiary Savion, LLC, including an 18 GW solar and energy storage development pipeline, to Shell New Energies.
  • Represented Residential Logistics Solutions in its sale to Golden Gate Capital, a private equity firm.
  • Advised Enerflex Ltd. on its stock-for-stock business combination with Exterran Corporation, creating a combined entity with an implied combined enterprise value of approximately US$1.5 billion.

Lawyers

Hall of fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Practice head

The lawyer(s) leading their teams.

Robert Morris, William Cavanagh

Other key lawyers

Bill Bowers, Stephen Kuntz, David Burton, Michael Flamenbaum, Todd Schroeder, Kevin Prokup, Les Schreyer, Lauren Kelly, Benjamin Roth