Mark Hoenig is a partner in Weil’s Tax practice and is based in New York. He has extensive experience in all areas of corporate taxation, including corporate mergers, acquisitions and dispositions, as well as corporate organizations, reorganizations and workouts. Mr. Hoenig’s M&A experience has ranged from structuring and negotiating complex transactions, bankruptcies and work-outs, to internal corporate restructuring and planning in connection with the preservation and use of tax losses.
Among Mr. Hoenig’s notable transactions are:
- AIG in the restructuring and sale of its insurance groups ALICO and AIA;
- American Securities in its acquisition and sale of Arizona Chemical Holdings Corporation; acquisitions of GenTek Inc., HHI Holdings, LLC, Metaldyne Performance Group Inc., Presidio Inc. and SpecialtyCare, Inc.; and sales of General Chemical Corporation, GT Technologies;
- ATMI in its sale to Entegris;
- Funds affiliated with Blackstone Tactical Opportunities (an affiliate of The Blackstone Group L.P.) in a strategic investment in The PMI Group, Inc. together with a commitment to provide working capital financing in exchange for warrants and certain other rights
- Franklin Resources, Inc. in its acquisition of the investment advisor team from AlphaParity LLC;
- GE Capital in its spin-off of Genworth Financial as well as its acquisition of the Transamerica Corporation business from AEGON NV;
- Interval Leisure Group in its $1.5 billion acquisition, via a Reverse Morris Trust transaction, of Vistana Signature Experiences following completion of the spin-off of Vistana from Starwood Hotels and Resorts Worldwide, Inc.;
- inVentiv Health, Inc. (a portfolio company of Thomas H. Lee Partners and Advent International) in its $4.6 billion merger with INC Research Holdings, Inc.;
- J.C. Flowers in its acquisition of a controlling interest in ELMC Group, LLC;
- Leucadia National Corporation in its merger with Jefferies, its acquisition of Wiltel Corporation, its investment with Berkshire Hathaway in The FINOVA Group, as well as its sale of Colonial Penn Insurance Group's divisions to GE and Conseco;
- Thomas H. Lee Partners and inVentiv Health, Inc. in THL’s sale of a 50% interest in inVentiv to Advent International, valuing inVentiv at $3.8 billion; and
- The conversion of Empire Blue Cross into WellChoice Inc.
Mr. Hoenig also has counseled debtors in chapter 11 proceedings, including Trump Entertainment, WorldCom Inc., Loral Space & Communications Corporation and Doctors Community Health Care. He is named among the leading “Bankruptcy Tax Specialists” in the nation’s major law firms by Turnarounds & Workouts magazine and is recognized for Tax and Nonprofit Organizations by Super Lawyers.
Complementing his involvement in corporate taxation has been Mr. Hoenig's concentration on not-for-profit organizations, having counseled tax-exempt and non-exempt organizations such as trade associations, universities, hospitals and foundations. His experience in this area touches the entire life-cycle of an exempt organization, from formation to dissolution, and includes a unique expertise relating to commercial activity and business ventures conducted by these organizations. Mr. Hoenig is co-chair of the Firm’s Not For Profit practice group, is a long-term member of the Firm’s Pro Bono Committee, has been an integral part of the Firm’s annual Symposium on Not-For-Profit Governance, and serves on a number of non-profit boards, including New Yorkers for Parks, The Jewish Education Project and Lawyers Alliance for New York. In 2014, Mr. Hoenig was chosen by the New York Law Journal as one of only 15 “Lawyers Who Lead by Example” in the pro bono category for his “outstanding record of providing crucial legal services to poor or nearly poor New Yorkers.”