Richard Nugent has 19 years of experience advising parties on the tax aspects of public and private M&A deals, spin-offs, and internal restructurings and advising debtors and creditors within and outside bankruptcy. He also advises on financings and other capital markets transactions, partnerships, REITs, and real estate deals.
Richard currently is advising Wabtec in its pending $11.1 billion Reverse Morris Trust merger with GE Transportation, Conagra Brands in its $10.9 billion acquisition of Pinnacle Foods, Procter & Gamble in its $4.2 billion acquisition of Merck KGaA's worldwide consumer health business, and the Term Loan/PGN Group Lenders in the iHeart bankruptcy case. He also advised The Carlyle Group in its sale of Signode Industrial Group Holdings for $4 billion, Eagle Tree Capital in several private equity transactions, and the Term Loan Lender Group in the rue21 bankruptcy case.
Before joining Jones Day, Richard worked on many notable transactions, including advising Procter & Gamble on the tax-free split-off and immediate acquisition of its specialty beauty business by Coty and its Folgers coffee business by the J.M. Smucker Company, the tax-free split-off of its Duracell business to Berkshire Hathaway, and the sale of its Pringles business to Kellogg; the U.S. Department of Treasury in the General Motors and Chrysler bankruptcies; Pfizer in several acquisitions and dispositions; and LyondellBasell in its chapter 11 reorganization case.
Richard is a member of the Tax Forum and the Executive Committee of the Tax Section of the New York State Bar Association and a regular speaker on tax issues, including at the PLI where he speaks on REITs.