Speakers / Authors:
Ernst & Young LLP
Eric Solomon is the Director of Ernst & Young LLP’s National Tax Department in Washington, D.C. He has more than 30 years of tax experience in private practice and government service.
Mr. Solomon served as Assistant Secretary for Tax Policy at the U.S. Treasury Department from December 2006 to January 2009. In this role, he headed the Office of Tax Policy, which serves as the primary advisor to the Treasury Secretary on legal and economic matters relating to domestic and international taxation.
Mr. Solomon joined the Office of Tax Policy in 1999. He served as Senior Advisor for Policy, Deputy Assistant Secretary (Tax Policy) and Deputy Assistant Secretary (Regulatory Affairs) prior to his 2006 confirmation as Assistant Secretary.
From 1996 to 1999, Mr. Solomon was a principal in Ernst & Young LLP’s National Tax Mergers and Acquisitions group in Washington, D.C. Previously, he was Assistant Chief Counsel (Corporate) at the Internal Revenue Service, heading the IRS legal division responsible for all corporate tax issues. He began his career with law firms in New York City and was a partner at Drinker Biddle & Reath in Philadelphia.
Mr. Solomon received his A.B. from Princeton University (Phi Beta Kappa), his J.D. from the University of Virginia and his LL.M. in taxation from New York University. He is an adjunct professor of law at Georgetown University Law Center, where he teaches a course in corporate taxation.
Cravath, Swaine & Moore LLP
Michael L. Schler is a tax partner in the New York City law firm of Cravath, Swaine & Moore LLP. He practices in the areas of mergers & acquisitions, corporate tax, consolidated returns, financial products, and asset-backed securitization. He joined the firm in 1974 and was elected a partner in 1982.
Mr. Schler has long been active in the New York State Bar Association Tax Section. He was chair from 1994 to 1995, and has been a member of the Executive Committee since 1985. Mr. Schler is a trustee and vice president of the American Tax Policy Institute. He is also the chair of the New York Tax Forum. He is a member of the American College of Tax Counsel. He has been a consultant to the American Law Institute Federal Income Tax Project on Integration of the Individual and Corporate Income Taxes, and to the Institute’s Project on Taxation of Private Business Enterprises. Mr. Schler is the author of numerous published articles, including recent articles on consolidated returns, spin-offs, section 1032, and the dividend exclusion.
Prior to joining Cravath, Mr. Schler was a clerk for the Honorable Max Rosenn of the U.S. Court of Appeals for the Third Circuit. He graduated magna cum laude from Harvard University with an A.B. in 1970, and earned his J.D. from Yale Law School in 1973. He also earned an LL.M. in taxation from New York University in 1979.
Wachtell, Lipton, Rosen & Katz
Peter C. Canellos is of counsel at the law firm of Wachtell, Lipton, Rosen & Katz in New York City. He is a graduate of Columbia University (A.B. 1964, summa cum laude, and LL.B., 1967, magna cum laude). At Columbia Law School, he served as editor-in-chief of the Law Review. After graduation from law school, Mr. Canellos clerked for Judge Charles D. Breitel of the New York Court of Appeals and was a Fulbright Scholar at the University of Amsterdam, the Netherlands. Mr. Canellos has served as chairman of the New York State Bar Association Tax Section and is a frequent writer and lecturer on tax matters.
Ernst & Young LLP
Rose L. Williams is a partner at Ernst & Young LLP, where she is a member of the Mergers & Acquisitions Group of the National Tax Department in Washington, D.C.
Ms. Williams served in the Office of Tax Policy at the U.S. Department of Treasury from 1995 to 1997. From 1987 to 1995, she worked at the Internal Revenue Service in the corporate tax division of the Office of Chief Counsel. While at the Office of Tax Policy, Ms. Williams was a principal drafter of the proposed regulations regarding continuity of interest and continuity of business enterprise.
In addition, she participated in the deliberations concerning the corporate tax provisions included in the Taxpayer Relief Act of 1997. While at the Internal Revenue Service, Ms. Williams was the principal drafter of the regulations under section 358 dealing with the basis consequences of triangular reorganizations. She participated in other guidance projects regarding tax-free reorganizations, spin-offs and consolidated returns.
Ms. Williams is a Vice Chair Law Improvement, American Bar Association Corporate Tax Committee. She is also an adjunct professor of law at Georgetown University, where she teaches courses in corporate reorganizations and tax planning in corporate acquisitions and dispositions.
Ms. Williams received her B.S. from the University of Wisconsin, Oshkosh and her J.D. from the University of Nebraska.
Thomas F. Wessel is a partner in the Washington D.C. office of KPMG LLP. He advises clients on all aspects of corporate taxation, with a particular emphasis on mergers and acquisitions, restructuring transactions, debt and equity offerings and consolidated returns, international tax, taxation of financial instruments, partnership taxation, and tax accounting.
Prior to joining KPMG in 2000, Mr. Wessel was a partner with McKee Nelson, Ernst & Young LLP. Before that, he was the lead merger and acquisition tax partner in the Washington, D.C. office of King & Spalding, which he joined in 1991. From 1990 to 1991, Mr. Wessel was special counsel to the chief counsel for the Internal Revenue Service, where he served as the principal legal advisor to the chief counsel on the development of regulations, rulings, and designated tax litigation.
Mr. Wessel served as associated tax legislative counsel and an attorney advisor in the U.S. Treasury Department’s Office of Tax Legislative Counsel from 1985 to 1990. There, he had primary responsibility for developing corporate tax legislation and regulatory guidance. From 1980 to 1982, he clerked for the Honorable Jacob Mishler of the U.S. District Court for the Eastern District of New York.
In 1985, Mr. Wessel earned an LL.M. in taxation from the New York University School of Law. He earned his J.D., cum laude, in 1980 from New York University School of Law, where he served on the New York University Law Review and was a member of the Order of the Coif. Mr. Wessel graduated magna cum laude from the University of Pennsylvania’s Wharton School in 1976 with a B.S.E., and was elected to Beta Alpha Phi.
Internal Revenue Service
William D. Alexander is the Associate Chief Counsel (Corporate) at the Internal Revenue Service. He has been with the IRS Office of Chief Counsel (Corporate) since 1990. Prior to joining the IRS, he was associated with Simpson Thacher & Bartlett in New York. He has a bachelor’s degree from Cornell University, a law degree from Columbia Law School, and an LL.M. in taxation from New York University School of Law.