Skadden represented Fidelity Investments (as co-counsel) in securing a complete victory following a six-day trial in the U.S. Tax Court involving an IRS dispute regarding a partnership that owned and operated a facility that produced and sold refined coal eligible for federal production tax credits. This was the first IRS challenge to an energy-related tax equity partnership transaction in many years.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates