Morgan Ordman devotes a substantial portion of his time to representing corporations and other business entities, both as general counsel and in special project activities. In his capacity as general counsel, he has counseled clients with respect to all types of legal issues which arise in day-to-day business operations, including corporate governance, real estate, contract issues (including complex contract negotiation and drafting), labor issues, distribution arrangements and issues, employment agreements, shareholder agreements (including buy / sell arrangements), tax, and other types of issues typically faced by business entities.
A major portion of Mr. Ordman’s practice involves the structuring, negotiation and implementation of virtually all forms of business combinations, acquisitions, liquidations, and recapitalizations, taxable and tax-free, and joint ventures, contributing both his tax and transactional experience. These activities have been performed for publicly and privately owned companies, including foreign entities.
Throughout his legal career, Mr. Ordman has been actively involved in tax matters, and he chaired or co-chaired his predecessor firm’s tax department for many years. His activities have particularly included the tax structure of business acquisitions and dispositions. He has extensive experience in planning and structuring foreign transactions from a United States income tax perspective, including planning under Subpart F and transfers of foreign assets abroad for U.S. taxpayers. Mr. Ordman also has significant experience in negotiating and resolving issues with the Internal Revenue Service, including those involving foreign business operations and their potential U.S. income tax impact.
In recent years, Mr. Ordman has become increasingly involved in estate planning, particularly for shareholders of his corporate clients. In addition to planning, drafting and implementing standard estate planning techniques, Mr. Ordman consults with clients with respect to family limited partnerships, private annuities, and other techniques to pass control and/or value and appreciation to succeeding generations.