Brian Krause represents clients on a broad range of U.S. and international tax matters, with particular emphasis on cross-border transactions, including mergers and acquisitions, joint ventures, post-acquisition integration transactions, internal restructurings, and the establishment of hedge fund and private equity fund structures.

Bio

Mr. Krause provides tax advice in connection with restructurings of financially distressed corporations and partnerships, as well as matters involving master limited partnerships.

He has advised:

  • Noble Energy in its pending $3.2 billion acquisition of Clayton Williams Energy, Inc.;
  • NorthStar Asset Management Group Inc. in its merger of equals with Colony Capital, Inc. and NorthStar Realty Finance Corp.;
  • Pfizer Inc. in connection with its terminated combination with Allergan plc;
  • Frontier Communications Corp. in its $10.54 billion acquisition of the wireline operations from Verizon Communications Corp. and its $2 billion acquisition of the Connecticut wireline business of AT&T Inc.;
  • luxury baggage maker Tumi Holdings, Inc. in connection with its $1.8 billion acquisition by Samsonite International SA;
  • health insurer Centene Corporation in its acquisition of Health Net, Inc.;
  • ONEOK, Inc. in the spin-off of its natural gas local distribution company;
  • Marubeni Corporation in its $2.7 billion acquisition of Gavilon Group LLC;
  • various sovereign entities in connection with their investment in hedge funds, private equity funds and U.S. real estate;
  • Goldman Sachs in connection with its sale of a 49 percent stake in the YES Network to News Corporation;
  • Pfizer Inc. in its $11.9 billion divestiture of its infant nutrition business to Nestlé S.A.;
  • Pfizer Inc. in connection with the integration of Wyeth; and
  • Landmark Communications, Inc. in connection with the sale of the Weather Channel and other businesses, including newspapers and broadcast television stations, to NBC Universal, Inc.; Bain Capital, LLC; and The Blackstone Group L.P.

Mr. Krause represents clients on matters relating to financially troubled businesses, both in and out of bankruptcy proceedings. For example, he has represented:

  • Atlas Resource Partners, L.P. in connection with its prepackaged plan of bankruptcy, one of the first Chapter 11 reorganizations of a master limited partnership;
  • Triangle USA Petroleum Corp., a leading Bakken-based E&P company, in connection with its Chapter 11 reorganization;
  • Millennium Health LLC in its prepackaged Chapter 11 reorganization whereby Millennium converted in excess of $1.1 billion first lien debt to equity; and
  • CIT Group Inc. in connection with its prepackaged plan of bankruptcy.

Mr. Krause also advises clients on matters related to master limited partnerships, including:

  • ONEOK, Inc. in connection with its pending acquisition of the publicly traded common units of ONEOK Partners, L.P.;
  • Atlas Resource Partners, L.P. in connection with its prepackaged plan of bankruptcy;
  • Fortress Transportation and Infrastructure Investors LLC, an owner and acquirer of transportation and transportation-related infrastructure assets, in its $340 million initial public offering of common shares representing limited liability company interests; and
  • Och-Ziff Capital Management Group LLC in connection with its $1.2 billion initial public offering.

Mr. Krause is a co-author of “The Partnership Union: Opportunities for Joint Ventures and Divestitures,” “Tax Consequences of Business and Investment-Driven Uses of Financial Products” and “Section 355: Tax-Free Spinoffs, Split-Offs, Split-Ups - Uses and Requirements,” each of which are published in Practising Law Institute’s Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings.

Credentials

Education

  • LL.M., New York University School of Law, 2011
  • J.D., Rutgers University School of Law, Newark, 2006 (highest honors)
  • B.A., George Washington University, 2003 (cum laude)

Admissions

  • New York