Stinson Leonard Street Forms Tax Credit Finance Group; Expands Real Estate and Public Finance Practice in Omaha, Denver and St. Louis
OMAHA, Neb., DENVER, Colo. & ST. LOUIS, Mo. (October 15, 2014) – Stinson Leonard Street LLP announced the law firm is creating a Tax Credit Finance Group and expanding its Real Estate Division in Omaha, Denver and St. Louis with the addition of five attorneys. David K. Lutz and Jason F. Maus join the firm's Omaha office as partners. Associate Kevin P. Savory joins the firm’s Denver office, associate Brian J. Weaver the St. Louis office and associate Drew C. Sova the Omaha office.
The attorneys joining the firm have extensive experience advising investors, community development entities, developers and other business clients concerning all types of tax credits. They have collectively closed hundreds of millions of dollars in state and federal new markets tax credits (NMTC), historic rehabilitation tax credits and renewable energy tax credit transactions. Four of the attorneys have either an LL.M. in taxation or undergraduate degree in accounting, and three of them previously worked at one of the Big Four accounting firms. All five attorneys were formerly with Husch Blackwell LLP.
"Federal and state tax credits are often an integral part of large-scale development projects, and we represent clients in transactions that involve all types of tax credits," said Alan Van Dellen, co-chair of Stinson Leonard Street's Real Estate Division. "The attorneys joining us in Omaha, Denver and St. Louis have collaborated on hundreds of NMTC, historic tax credit and renewable energy tax credit deals. Our clients will find their experience invaluable as we work to assist our clients in funding their projects."
"We're pleased to welcome David, Jason, Kevin, Brian and Drew to our offices in Omaha, Denver and St. Louis," said Dave Frantze, co-chair of Stinson Leonard Street's Real Estate Division. "Those offices are already recognized for the real estate services we provide to clients, and this group's addition represents our continued efforts to expand our real estate practice where our clients are experiencing growth. It also shows that we've been able to sustain the momentum created by the merger we announced nearly a year ago."
On Sept. 23, 2013, Stinson Morrison Hecker and Leonard, Street and Deinard announced the firms would merge on Jan. 1, 2014, creating Stinson Leonard Street LLP. Combined, the firm has more than 520 attorneys and offices in 14 cities, which puts Stinson Leonard Street among the 75 largest law firms in the U.S. As of Sept. 15, 37 attorneys, including 9 partners, have joined the firm in 2014.
The combination of both firms also created one of the largest real estate practices in the Midwest. More than 100 of the firm's attorneys handle real estate matters and the firm represents clients in virtually every facet of real estate, from affordable housing transactions to retail leasing. Recently, Stinson Leonard Street LLP ranked among the top law firms listed in the 2014 "Best of the Best" rankings issued by Midwest Real Estate News, based on the number of real estate transactions involving the firm's attorneys in the past year.
About the Attorneys
Lutz is a tax attorney who advises clients concerning new markets tax credit transactions, historic rehabilitation tax credit transactions and renewable energy tax credit transactions. His clients include investors, community development entities and qualified businesses. Lutz has significant experience with state tax credits and he advises clients on deal structures that facilitate the transfer of state credits or structures that combine federal and state tax credits.
Lutz earned a law degree from Chicago-Kent College of Law, with honors, in 2004. He earned an LL.M. in taxation from New York University School of Law in 2005. He earned an undergraduate degree in political science from Creighton University in 2001.
Maus regularly advises clients on a wide variety of tax credit finance transactions. His extensive tax experience includes representing private equity, public companies and nonprofit organizations in navigating federal, state and local tax regimes. He counsels clients on structuring transactions that are designed to enable and support the award and transfer of federal, state and local tax credits and incentives.
Maus earned a law degree from Michigan State University College of Law in 2008. He earned an LL.M. in taxation from the University of Denver in 2010. He earned an undergraduate degree in accounting from the University of North Dakota in 2003.
Weaver concentrates his practice in the area of banking and finance law by counseling investors, lenders, community development entities and developers in transactions that generate state and federal historic rehabilitation tax credits, state and federal new markets tax credits and renewable energy tax credits. Prior to law school, Brian worked as a paralegal at Howrey LLP in Washington, DC, from 2004 to 2006, as an intern for U.S. Rep. Kenny Hulshof in 2003 and as an intern at The White House in 2003.
Weaver earned a law degree from the University of Missouri School of Law in 2009. He earned an undergraduate degree in political science, cum laude, from American University in 2004.
Savory represents community development entities, investors and project borrowers in an assortment of tax credit transactions. He has substantial experience with federal NMTC transactions, including the required CDE certification application processes, various state NMTC programs and the historic rehabilitation tax credit. Prior to entering the practice of law, he worked for Deloitte & Touche LLP in Denver, Colo., as the lead auditor for a number of clients in the retail, distribution, manufacturing and energy industries. He is a certified public accountant.
Savory earned a law degree from Creighton University School of Law in 2012. He earned an undergraduate degree in accounting, cum laude, from Creighton University in 2006.
Sova represents clients in financing and real estate transactions designed to enable to transfer of federal and state tax credits. His experience includes numerous state NMTC programs, the federal NMTC program and extensive title and survey review. Prior to entering private practice, Sova was in-house counsel for Omaha Title & Escrow. He has also been a staff auditor for Deloitte & Touche LLP in Omaha, Neb.
Sova earned a law degree from the University of Nebraska College of Law in 2011. He earned an undergraduate degree in accounting from Creighton University in 2006.