Mark Schwed

Partner New York

Biography

Mark Schwed is a partner in Weil’s Tax Department and is based in New York. Mr. Schwed advises public companies and private equity sponsors and their portfolio companies on their domestic and international acquisitions, investments, divestitures, joint ventures, financings and restructurings. Mr. Schwed also has significant experience advising on SPAC initial public offerings, financings and business combinations. He also regularly advises on the structuring and negotiating of complex real estate transactions, including the formation of REITs.

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.

Practice Areas

Admissions

New York State

Education

Ramapo College of New Jersey (B.A., 2002)
Cardozo Law School (J.D., 2005)
New York University School of Law (LL.M., 2005)

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
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

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Speaking Engagements

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

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

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