Biography

Mr. Schwed’s clients include American Securities, Aterian Investment Partners, Avista Capital Partners, Berkshire Partners, Blackstone, Centerbridge Partners, Cornell Capital, CPP Investments, Genstar Capital, Goldman Sachs, Gores Group, Lindsay Goldberg, MGM Resorts International, MGM Growth Properties LLC, Ontario Teachers’ Pension Plan Board, Providence Equity Partners, SoftBank Vision Fund, Tishman Speyer and TPG.
Mr. Schwed is a member of the executive committee of the New York State Bar Association Tax section. He is recognized as a leading lawyer for Tax in New York by Chambers USA, where clients note "he's super practical, very commercial and has the industry experience to advise across a broad range of matters." Mr. Schwed is also recognized as a “Next Generation Partner” for both US Taxes: Non-Contentious and International Tax by Legal 500 US and as a “Bankruptcy Tax Specialist” by Turnarounds & Workouts magazine.
Awards and Recognition, Speaking Engagements, Latest Thinking, Firm News & Announcements
Awards and Recognition
- Mark Schwed Named a “Leading” Lawyer for Tax in New York Award Brief — Chambers USA
- Mark Schwed Shortlisted for “Best in Tax” Award Award Brief — Euromoney Legal Media Group Americas Rising Star Awards 2019, 2018
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Mark Schwed Named a “Next Generation Partner” for US Taxes: Non-Contentious
Award Brief —
Legal 500 US
Mark Schwed Named a “Next Generation” Lawyer for US Taxes: Non-Contentious ...
- Mark Schwed Named a “Next Generation Partner” for International Tax Award Brief — Legal 500 US
- Mark Schwed Named a “Bankruptcy Tax Specialist” Award Brief — Turnarounds & Workouts
Speaking Engagements
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PLI’s Taxation of Financial Products and Transactions 2021
Speaker(s):
Mark Schwed
January 11, 2021 — Weil Tax partner Mark Schwed spoke on a panel titled “Workouts of Distressed Debt: Advising the Troubled Debtor” as part of PLI’s Taxation of Financial Products and Transactions 2021. The panel discussed The COD/AHYDO problem (and potential mitigants); the impact of Section 163(j) calculations; and insolvency complications and considerations.
Latest Thinking
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Guidance on CARES Act Section 163(j) Elections for Real Estate Businesses
Blog Post — By
Mark Schwed and
Adam Arikat
— April 15, 2020
On April 10, 2020, the Internal Revenue Service released Revenue Procedure 2020-22 (Revenue Procedure) providing guidance on certain elections with respect to the business interest expense deduction limitation under Section 163(j) of the Internal Revenue Code of 1986 (Code). As enacted by the Tax Cuts and Jobs Act (TCJA), Section 163(j) limited the deductibility of
The post Guidance on CARES Act Section 163(j) Elections for Real Estate Businesses appeared first on Weil Tax BLOG.
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Debt Buybacks— A Familiar Tool for New Circumstances
Blog Post — Tax Blog
— By
Joseph M. Pari,
Noah Beck,
Devon Bodoh,
Greg Featherman,
Robert Frastai,
Stuart J. Goldring,
Mark Hoenig,
Jonathan J. Macke,
Graham Magill,
Stanley E. Ramsay and
Mark Schwed
— April 03, 2020
As a result of the recent COVID-19 health crisis and related market volatility, an increasing number of bank loans and high yield bonds are trading below par. These current market conditions present attractive de-levering opportunities for leveraged companies able to buy back their own debt, as well as sponsors seeking to purchase debt of their […]
The post Debt Buybacks— A Familiar Tool for New Circumstances appeared first on Weil Tax BLOG.
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The CARES Act: A Guide to the Tax Provisions
Blog Post — Tax Blog
— By
Joseph M. Pari,
Devon Bodoh and
Mark Schwed
— March 31, 2020
The tax provisions of the CARES Act, enacted on March 27, 2020, will provide meaningful relief to taxpayers, both individuals and companies, dealing with the fallout of the COVID-19 crisis. Key provisions include: employee retention payroll tax credits for employers subject to closure due to COVID-19; substantial extension of the due date for the payment […]
The post The CARES Act: A Guide to the Tax Provisions appeared first on Weil Tax BLOG.
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Firm News & Announcements
- Weil Advised American Securities in its Acquisition of Beacon’s Interior Products Business Deal Brief — February 10, 2021
- Weil Advised CPP Investments in Consortium’s $27B sale of Refinitiv Deal Brief — January 21, 2021