Latham & Watkins Llp: Kronsnoble Joseph M

For businesses and investors across Illinois, navigating the intricate world of tax law, especially in the context of complex corporate transactions, is paramount for financial success and regulatory compliance. From mergers and acquisitions to bankruptcy reorganizations and debt restructurings, the tax implications can be profound and require the expertise of a highly skilled and experienced legal professional. For entities in Illinois seeking strategic and sophisticated tax counsel, Joseph M. Kronsnoble at Latham & Watkins LLP stands out as a leading authority, offering decades of experience and a deep understanding of transactional tax matters.

Joseph M. Kronsnoble is a distinguished partner at Latham & Watkins LLP, based in their prominent Chicago office. With a career spanning over three decades at the firm, he is a former Global Chair of Latham's Transactional Tax Practice. His expertise is highly sought after by public and privately owned companies and buy-out firms involved in various transactions, including tax-free and taxable mergers and acquisitions, leveraged buyouts, spin-offs, and cross-border investments, dispositions, and combinations. Mr. Kronsnoble's deep understanding of these complex areas ensures that clients receive comprehensive and strategic tax advice that aligns with their business objectives.

Beyond transactional work, Joseph also provides critical tax counsel to US and foreign debtors and creditors in bankruptcy reorganizations and debt restructurings, both in and outside of formal bankruptcy proceedings. He further represents US and foreign issuers and underwriters in stock and debt offerings, securitizations, and other issuances of financial instruments, advising on the tax implications of these capital markets activities. Mr. Kronsnoble is highly respected in the legal community, recognized as an Illinois Super Lawyer and a leading tax lawyer by publications such as Chambers USA and The Legal 500 US. His clients praise him for his "attention to detail and experience," noting that "He knows what is coming around the corner and is very responsive." For any business in Illinois facing complex tax challenges related to corporate transactions or restructuring, Joseph M. Kronsnoble at Latham & Watkins LLP offers truly exceptional and insightful legal guidance.

Joseph M. Kronsnoble practices from the Chicago office of Latham & Watkins LLP, which is strategically located at 330 N Wabash Ave #2800, Chicago, IL 60611, USA. This prominent address places the firm in a key location within the city's vibrant downtown area, making it highly accessible for clients from various parts of Illinois.

The office's position near the Chicago River and easily reachable from major expressways ensures convenience for those traveling by car, with numerous parking options available in the surrounding area. For clients utilizing public transportation, the location is exceptionally well-served. It is within short walking distance of multiple CTA 'L' train lines, including the Brown, Green, Orange, Pink, and Purple lines at the State/Lake or Clark/Lake stations, as well as the Red Line at Grand or Lake. Numerous city bus routes also operate in the vicinity, providing extensive coverage. This prime Chicago location underscores Latham & Watkins LLP's commitment to serving a wide array of clients throughout the Illinois region, ensuring that sophisticated legal counsel is readily available.

Joseph M. Kronsnoble's practice at Latham & Watkins LLP focuses on complex transactional tax matters and related areas, offering specialized services crucial for businesses and financial entities in Illinois.

• Tax-Free and Taxable Mergers & Acquisitions: Advising public and privately owned companies and buy-out firms on the tax implications of various M&A transactions, ensuring tax efficiency and compliance.

• Leveraged Buyouts (LBOs): Providing expert tax counsel for all stages of leveraged buyout transactions.

• Spin-Offs and Divestitures: Guidance on the tax aspects of corporate spin-offs, dispositions, and other transactional separations.

• Cross-Border Investments and Combinations: Advising on complex international tax issues arising from multijurisdictional transactions and multinational tax planning, including inbound and outbound investments.

• Bankruptcy Reorganizations and Debt Restructurings: Counseling US and foreign debtors and creditors on the tax implications of bankruptcy proceedings and out-of-court debt restructurings.

• Stock and Debt Offerings / Securitizations: Representing issuers and underwriters in the tax aspects of stock and debt offerings, securitizations, and other financial instrument issuances.

• Tax Controversy and Audits: Representing taxpayers in audit and controversy matters with the IRS and state taxing authorities, and assisting in obtaining private letter rulings from the IRS.

• Tax-Exempt Organizations: Advising tax-exempt clients on tax and corporate issues, including entity formations, mergers, dissolutions, board governance, and tax audits.

Joseph M. Kronsnoble's career at Latham & Watkins LLP is marked by several significant features and highlights that underscore his expertise and value to clients in the field of transactional tax law.

• Former Global Chair of Transactional Tax Practice: His leadership role at a global firm highlights his strategic vision and deep influence within the tax practice.

• Over Three Decades of Experience: With more than 30 years at Latham & Watkins, Mr. Kronsnoble brings extensive experience and a proven track record in complex transactional tax matters.

• Highly Acclaimed by Peers and Publications: Consistently recognized as an Illinois Super Lawyer and a leading tax lawyer by Chambers USA and The Legal 500 US. Clients and peers praise his responsiveness and foresight.

• Bankruptcy Tax Specialist Recognition: Named to Turnarounds & Workouts' list of "Bankruptcy Tax Specialists in the Nation's Major Law Firms" multiple times (2017, 2019, 2020, 2023), emphasizing his niche expertise.

• Academic and Professional Engagement: He is Co-Chair of the Federal Tax Institute Planning Committee, has authored articles for legal and financial publications, and frequently speaks at tax conferences, demonstrating his thought leadership.

• Accounting Background: Prior to law school, he practiced as an accountant with Price Waterhouse and is a licensed Certified Public Accountant (CPA) in Illinois and a Certified Financial Planner, providing him with a unique, practical perspective on tax matters.

• Part of a Global Tax Powerhouse: As a partner at Latham & Watkins LLP, a globally renowned law firm, Mr. Kronsnoble leverages and contributes to a vast network of legal resources and expertise, known for handling some of the most complex and significant tax issues worldwide.

Based on publicly available information, Joseph M. Kronsnoble and Latham & Watkins LLP do not explicitly advertise general promotions or special offers, such as free initial consultations or discounted rates. As a premier global law firm specializing in sophisticated transactional tax matters, their fee structures are typically reflective of the extensive expertise, resources, and strategic approach required to achieve favorable outcomes in such high-value and complex legal work. Prospective clients interested in engaging Mr. Kronsnoble's services are encouraged to contact Latham & Watkins LLP directly. During an initial discussion, the firm can provide clarity on their billing practices, fee arrangements, and how costs would be managed for the specific tax challenges a client faces, ensuring transparency and alignment on financial expectations.

To inquire about legal services or to schedule a consultation with Joseph M. Kronsnoble at Latham & Watkins LLP, you can use the following contact details:

Address: 330 N Wabash Ave #2800, Chicago, IL 60611, USA

Phone: (312) 876-7700

Mobile Phone: +1 312-876-7700

Direct contact through these channels is the best way to discuss your complex tax needs related to corporate transactions or restructuring and explore how Mr. Kronsnoble and the firm can assist you.

For businesses, private equity firms, and individuals across Illinois navigating complex corporate transactions, bankruptcy reorganizations, or sophisticated financial instrument issuances, Joseph M. Kronsnoble at Latham & Watkins LLP offers an exceptionally suitable and advantageous legal partnership. His profound specialization in transactional tax law directly addresses the critical need for meticulous and strategic tax planning in Illinois's dynamic economic environment. This focused expertise ensures that local entities receive cutting-edge legal strategies tailored to optimize tax outcomes and ensure compliance.

The firm’s prominent Chicago location provides superior accessibility for clients throughout the state. Its central position, easily reachable via extensive public transportation networks and major roadways, minimizes logistical hurdles, enabling seamless collaboration between clients and their legal team. This convenience is vital when dealing with time-sensitive and high-stakes financial matters.

Furthermore, Mr. Kronsnoble's extensive experience of over 30 years, coupled with his leadership roles, industry accolades, and unique background as a CPA, instills a strong sense of confidence and trust. Clients in Illinois can be assured that they are engaging with a legal professional who not only possesses profound tax law knowledge but also a practical, business-savvy approach. For any Illinois entity seeking sophisticated, strategic, and results-oriented tax counsel in complex corporate transactions or financial restructuring, Joseph M. Kronsnoble stands as a premier and highly suitable choice, empowering local businesses to achieve their financial objectives with confidence and precision.