Davis Polk today announced that leading tax lawyer David Schnabel has joined the firm as a partner in New York. Mr. Schnabel joins Davis Polk from Debevoise & Plimpton LLP, where he had been a partner since 2000.
Mr. Schnabel’s tax practice focuses on M&A transactions for private equity and corporate clients, as well as acquisition financing and private fund formation.
Davis Polk’s Managing Partner Thomas J. Reid said, “We are delighted David will be a Davis Polk partner. All our core practices are strong and are enjoying another year of increased client demand, but it is important to avoid complacency and to be open to exceptional opportunities such as this. David’s arrival extends our tax practice leadership for the benefit of our clients and also our lawyers who rightly expect us to provide the growth and promotion opportunities they deserve.”
Mr. Schnabel is the former Chair of the Tax Section of the New York State Bar Association and former co-chair of the Investment Funds Committee, the Consolidated Returns Committee and the Partnership Committee; a member of the planning committee for the University of Chicago Law School Tax Conference; and a fellow of the American College of Tax Counsel.
“David is one of the premier tax lawyers in New York,” said Avishai Shachar, co-head of Davis Polk’s Tax Department. “We have known David for many years and he complements perfectly our talented bench of Davis Polk tax lawyers. His arrival will make our leading practice even stronger.”
“David brings an impressive and well-rounded transactional tax background to Davis Polk. He will be a great addition to our team and his deep, substantive tax knowledge will provide tremendous value for our clients,” added Neil Barr, co-head of Davis Polk’s Tax Practice.
“Davis Polk’s tax practice has a terrific reputation and is well-known for its sophisticated and innovative work,” said Mr. Schnabel. “The team’s collegiality, entrepreneurial spirit and dedication to clients make it the ideal environment to further develop my practice.”
A frequent speaker and author on the tax aspects of M&A and private equity, Mr. Schnabel is ranked as a leading corporate tax lawyer by Chambers USA (2013-2015), where clients call him “absolutely outstanding: levelheaded and extremely intelligent.” He is also recommended by The Legal 500 US (2011-2015), where he is noted as “one of the real experts in partnership tax – who can integrate technical tax answers with actionable and commercial solutions.”
Mr. Schnabel received his J.D., cum laude, in 1992 and his LL.M. in Taxation in 1993 from New York University School of Law, where he was a Fergus Fellow. He served as a law clerk to the Honorable Carolyn P. Chiechi, U.S. Tax Court from 1992-1993.
About Davis Polk. Davis Polk & Wardwell LLP is a global law firm. For over 160 years, its lawyers have advised industry-leading companies and global financial institutions on their most challenging legal and business matters. Davis Polk ranks among the world’s preeminent law firms across the entire range of its practice, which spans such areas as capital markets, mergers and acquisitions, credit, litigation, antitrust, private equity, tax, financial regulation, investment management, insolvency and restructuring, executive compensation, intellectual property, real estate and trusts and estates. Davis Polk (including its associated entities) has over 800 lawyers in offices in New York, Menlo Park, CA, Washington DC, São Paulo, London, Paris, Madrid, Hong Kong, Beijing and Tokyo. For more information: http://www.davispolk.com.
Source: www.davispolk.com
