Richard M. Lipton

Richard Lipton

Practice Description
Mr. Lipton has handled numerous engagements for clients in structuring partnership and real estate transactions, and providing legal advice relating to tax planning for corporations, partnerships and limited liability companies.

Mr. Lipton also has considerable experience in the areas of real estate investment trusts (REITs), real estate funds and investment in real estate by tax-exempt organizations and foreign investors. He has represented large corporations in complex partnership transactions, and has served as an expert witness on matters concerning partnerships and partnership taxation. He also has expertise in a number of other areas relating to tax law, including tax-exempt organizations and the rules involving UBIT, the tax consequences of bankruptcies and workouts and various tax accounting issues. He also provides tax advice to several professional sports franchises.

Professional Affiliations
Mr. Lipton is the former Chair of the Tax Section of the American Bar Association, the Chicago Bar Association Federal Tax Committee, and the American College of Tax Counsel.  He is a member of the House of Delegates of the American Bar Association.

Awards, Honors & Skills
Mr. Lipton served on the Internal Revenue Service Advisory Council.

Education & Bar Admittance
Mr. Lipton is a 1977 graduate of the University of Chicago Law School.  He received a B.A. from Amherst College. He served as a clerk for Judge Cynthia Hall of the United States Tax Court.

Publications, Presentations and Articles
Mr. Lipton has given numerous speeches at organizations throughout the United States, including the Tax Executives Institute, Practicing Law Institute, ALI-ABA, American Bar Association, University of Chicago Tax Institute and the Southern Federal Tax Institute, among others.