Daniel R. Blickman

USA: Pennsylvania

Blank Rome LLP
One Logan Square
130 North 18th Street
Philadelphia, PA 19103-6998

Tel: +1.215.569.5373
Fax: +1.215.832.5373

Email: blickman@blankrome.com
Web: www.blankrome.com

Daniel Blickman has substantial experience in a wide range of federal and state tax issues. He has represented investment funds, institutional investors, large public companies, middle-market companies, small or start-up companies, and individuals in all aspects of:

  • private investment fund formations and reviews
  • mergers and acquisitions
  • real estate, including Section 1031 exchanges
  • inbound and outbound cross-border investment
  • partnerships, and joint venture structures

Mr. Blickman’s experience includes representation of:

  • Representation of both fund sponsors and institutional investors in hundreds of private investment funds — the formation of, and transactional work for, private equity and venture capital funds, real estate funds, hedge funds, distressed debt funds, and funds of funds; design of specialized fund structures; special issues such as UBTI, complex distributions and capital account allocations; cross-border taxation; and related compensation arrangements, including the design of carried interests; representation of many university endowments, private foundations, and pension funds as investors in private investment funds.
  • Public companies, private companies, major buyout groups, private equity and venture capital funds in acquisitions and financings, LBOs, reorganizations, spin-offs and split-offs, recapitalizations, taxable deals (including Section 338 issues), redemptions, loss corporations (issues under Sections 269, 382–384), and related issues
  • Structuring of real estate transactions, from entrepreneurial to institutional, including cross-border investments; design of specialized structures for complicated Section 1031 exchanges and cross-border investment programs
  • Issuers and underwriters in securitizations and CDOs
  • Issuers and investors on interest deduction issues, original issue discount, constructive dividend issues, and swap transactions
  • $1.1 billion acquisition of retail chain’s retail and real estate operations.
  • “Double dummy” transaction of two publicly traded utility companies.
  • Formation of $2 billion investment fund; designing compensation structures for investment professionals; drafting documents; negotiating side letters with limited partners; and advising on structuring of transactions.
  • Formation of $1.6 billion real estate fund; structuring investments by tax-exempt organizations (including “fractions rule” compliance); management fee waivers.
  • Inbound restructuring of major European bank’s U.S. investment banking business.
  • Outbound acquisition of U.S. corporation by U.K. plc in connection with IPO on London Exchange.
  • Represented a European government in $50 million investment in hedge fund of funds.
  • Represented Ivy League university in dozens of investments in private equity funds.
  • $400 million joint venture between publicly traded REIT and non-REIT investment partner.
  • $200 million dollar acquisition of U.S. apartment buildings by Israeli company.
  • $1 billion securitization of equipment collateral trust.
  • Dozens of offshore CDO transactions, including credit default swap CDOs.
  • New York University, LLM Tax
  • Yale Law School, JD
  • Stanford University, PHD
  • Oxford University, MA
  • Tulane University, BA, Phi Beta Kappa
  • American Bar Association
  • New York State Bar Association
  • Philadelphia Bar Association (Chair of Tax Section 2009-2010)
Blank Rome’s tax attorneys have particular experience in handling tax planning for a wide variety of sophisticated transactions and other tax matters having federal, state and local, and foreign tax implications. Our clients range from individuals and closely held companies to multinational corporations. The unique combination of governmental, financial, and legal experience of our tax attorneys enables us to deliver timely, practical, and careful tax advice.

Our role as tax advisers is to deliver value to our clients. We fulfill this goal by applying a few simple principles: We understand our clients’ business goals and objectives—tax and non-tax. We communicate frequently and openly with clients. We use a common sense approach—whether in crafting a solution to a complex tax issue, presenting an argument to a tribunal, or agreeing to a fee arrangement. And finally, we are pragmatic—our goal is to deliver significant value to our clients in a cost-effective manner.

Blank Rome’s tax practice draws upon leading tax attorneys as well as former government officials who have strategic relationships within Congress and at key agencies.

The tax practice works in tandem with Blank Rome Government Relations, an affiliate of Blank Rome, comprised of legal, policy, lobbying, and strategic communications professionals. Blank Rome represents businesses before the U.S. Congress on corporate tax matters pending before the Senate Finance and House Ways and Means Committees. We frequently represent clients in rule-making proceedings and shape and advance tax policy objectives before the U.S. Treasury Department, including the Internal Revenue Service.

With over 600 attorneys serving clients around the globe, Blank Rome represents businesses and organizations ranging from Fortune 500 companies to start-up entities.

Founded in 1946, Blank Rome advises clients on all aspects of their businesses, including commercial and corporate litigation; consumer finance; corporate, M&A, and securities; energy, environment, and mass torts; finance, restructuring, and bankruptcy; government contracts; insurance coverage; intellectual property and technology; labor and employment; maritime and international trade; matrimonial; policy and political law; real estate; tax, benefits, and private client; and white collar defense and investigations.

Blank Rome also represents pro bono clients in a wide variety of cases and matters.

“Daniel Blickman attracts praise for his strong state and federal tax practice, which includes notable expertise in investment fund formation transactions. One client remarks: “We think very highly of him. He’s a very smart guy with a nice demeanor that means he can accomplish our goals without aggravating the other side. He has done a very good job for us.”
Chambers & Partners, 2017