Steven E. Clemens

steven-clemens

Steven E. Clemens

Partner

New York | 1095 Avenue of the Americas, New York, NY 10036-6797
+1 212 698 3609 | +1 212 698 3599

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Steven E. Clemens advises fund sponsors, investors and issuers on domestic and cross-border tax matters that arise from complex mergers and acquisitions. Noted by Law360 as a “highly effective problem solver,” Mr. Clemens counsels and represents both strategic and financial clients on the formation of investment funds. In addition, he has extensive industry experience in sectors including private equity, financial services, chemicals, energy, industrial, healthcare, life sciences and retail.

Mr. Clemens is regularly recognized by The Legal 500 US and Chambers USA, where he was noted for providing “incredibly practical and commercially sensitive tax advice” on domestic and cross-border M&A, bankruptcies, and fund formation in its America’s Leading Lawyers for Business list. In addition, he was selected as a Law360 MVP of the Year in 2013 for Tax Law.

Prior to joining Dechert, Mr. Clemens served as a tax partner at another international law firm.

Significant Representations

  • Starr Investment Holdings in its US$4.4 billion acquisition of MultiPlan, Inc. from BC Partners and Silver Lake Partners.
  • 3G Capital Management in its acquisition, along with Berkshire Hathaway, of the H.J. Heinz Company.
  • Duff & Phelps Corporation in its acquisition by a private equity consortium led by The Carlyle Group.
  • LNK Partners in its acquisition of Fitness Connection and a minority interest in Dogfish Head brewery.
  • TowerBrook Capital Partners in the sale of a minority stake in the TowerBrook group to Wafra Advisors.
  • TowerBrook Partners in its sale of a majority interest in Sound Inpatient Physicians, Inc. to the North American division of Fresenius Medical Care AG & Co. KGaA.
  • Community Health Systems, Inc. in its acquisition of Health Management Associates, Inc.
  • Pfizer Inc. in its US$635 million acquisition of the marketed vaccines portfolio of Baxter International Inc.
  • Teva Pharmaceuticals in its acquisition of Cephalon, Inc.
  • Bain Capital in numerous transactions, including its acquisition of Burlington Coat Factory, the phosphates business of Rhodia S.A., the Styron division of the Dow Chemical Company, Consolidated Container Holdings LLC and Big Tex Trailer.
  • Ladder Capital Corp. in its initial public offering using an "Up-C" structure.
  • Kinderhook Industries in numerous transactions including its pending sale of the Environmental Quality Company to US Ecology, Inc.
  • Metalmark Capital in numerous transactions, including its investment in Jones Energy and Hunter Defense.
  • London Stock Exchange Group plc in its US$2.7 billion acquisition of the entire issued share capital of Frank Russell Company.
  • Jason Incorporated in its US$538 million sale to Quinpario Acquisition Corp.

Includes matters handled at Dechert or prior to joining the firm.

Education
  • Eastern University, B.A., Political Science and Accounting, 1991, magna cum laude
  • Harvard Law School, J.D., 1994, magna cum laude
Admissions
  • New York
Clerkships
  • United States Tax Court, Honorable Arnold Raum
Memberships

Chair, Board of Trustees, Eastern University