Jack S. Levin, P.C. - Partner

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Jack S. Levin, P.C.

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Chicago
Phone: +1 312-862-2004
Fax: +1 312-862-2200
Cell: +1 312-519-2004
Overview News Events Publications

Professional Profile

Mr. Levin has concentrated his practice on complex business transactions, including mergers, acquisitions, buyouts, private equity and venture capital investing, formation of private equity funds, debt and equity restructurings and workouts, and executive compensation, with emphasis on tax, corporate, SEC, and structuring aspects, handling transactions which range in size from several million dollars to more than $7 billion.

Earlier in his legal career, Mr. Levin (then a litigator) served as lead trial and appellate counsel in:

  • 8 U.S. Supreme Court arguments
  • 12 U.S. Court of Appeals arguments
  • 3 U.S. District Court trials (including 1 week jury trial)

 

Mr. Levin's lifetime achievement awards:

May 2005 - Chambers & Partners' global attorney lifetime achievement award for pioneering legal work in private equity/venture capital presented in London by U.K. Prime Minister Tony Blair's spouse

December 2002 - Illinois Venture Capital Association's lifetime achievement award for service to the private equity/venture capital community, presented by Sen. Barack Obama

May 2000 - American Jewish Committee's Learned Hand Award for contributions to the legal profession and the community, presented by United States Supreme Court Justice Ruth Bader Ginsburg

November 2005 - Illinois Holocaust Museum and Education Center humanitarian of the year award

Representative Matters

Handled many private equity, venture capital, LBO, and fund formation matters for Madison Dearborn Partners, GTCR, Willis Stein Partners, First Chicago, Bank of America, Summit Partners, and others. Handled many mergers, acquisitions, and other transactions involving Concord EFS, Gaylord Container, BWAY, Crate & Barrel, Rand McNally, Dayton P&L, Exide, and others.

Other Distinctions

Mid-West Co-Chair of Harvard Law School's Capital Campaign (2004-2008)

Chairman of Harvard Law School national fund raising drives (Class of 1961 25th anniversary in 1985-86,  30th anniversary in 1990-91, 35th anniversary in 1996, and 40th anniversary in 2001)

American Jewish Committee's National Board of Governors (2005-present) as well as the Chicago Chapter's Board of Directors (2002-present) and Executive Committee Member (2003-present)

American College of Tax Counsel

Chicago Bar Association (former member of Taxation Committee's Executive Board)

American Bar Association, Section of Corporate, Business and Banking Law and Section of Taxation (former Chairman of the Corporate Distributions Subcommittee 1968-1979)

Parliamentarian, Winnetka (IL) Town Meeting (1974-1983, 1989, 1995-1996)

President, Birchwood Club, Highland Park, IL  (1980-1982)

Member, Board of Directors, Mid-America Club, Chicago (1985-1988)

Chairman, Chicago JUF Lawyers Division (1994-1995) and Vice Chairman (1991-1993)

Member, American Israel Public Affairs Committee's Illinois State Council Executive Board

Formerly

Assistant to the Solicitor General of the United States for tax matters under Archibald Cox and Thurgood Marshall (1965-1967)

Law clerk to Chief Judge J. Edward Lumbard of the United States Court of Appeals, Second Circuit (1961-1962)

Harvard Board of Overseers Committee for Visiting the Harvard Law School (1987-1993)

Chairman, American Bar Association Subcommittee on Taxation of Corporate Distributions (1968-1979)

Planning Committee for Northwestern University Law School's Annual Ray Garrett, Jr. Corporate & Securities Law Institute (1986-2001)

Little, Brown & Co.'s and CCH's Tax Advisory Boards

American Law Institute and its Subchapter C (corporate tax) Advisory Group

Chicago Federal Tax Forum (Chairman 1986-1987)

Law School and MBA Teaching

Harvard Law School, teaching course on "Structuring Venture Capital and Entrepreneurial Transactions" (Winter term, approximately biennially beginning 1997)

University of Chicago Law School, teaching course on "Structuring Venture Capital and Entrepreneurial Transactions" (Spring quarter each year beginning 1988)

Northwestern University Masters in Taxation Program, periodic guest lecturer

Northwestern University Graduate School of Management, guest lecturer on Venture Capital and Entrepreneurship (1984-1989)

DePaul University Masters in Taxation Program, teaching course on Corporate Organizations and Reorganizations (1976)

Listed In

  • Practical Law Company's Which Lawyer? Global 50 (under both Corporate/M&A and Tax)
  • The Best Lawyers in America (under both Corporate and Tax)
  • Guide to Leading American Attorneys
  • Guide to the World's Leading Mergers & Acquisitions Lawyers
  • Guide to the World's Leading Tax Lawyers
  • Euromoney's Guide to the World's Leading Tax Advisers
  • Crain's Who's Who in Chicago Business
  • International Who's Who of Corporate Tax Lawyers
  • International Who's Who of Private Funds Lawyers
  • Who's Who in America
  • Chambers Global Guide to the World's Leading Lawyers
  • Chambers USA, America's Leading Lawyers for Business
  • Survey of Leading Taxation Lawyers - Mondaq Business Briefing

Publications

Mr. Levin has been featured in several articles, including:

Chicago Attorney Helped Define, Refine Private Equity Sector
Chicago Daily Law Bulletin - 7/28/05

M&A Pioneers Adapt to the Ever-Changing Game
Chicago Lawyer - 1/1/05

Trading Places, Changing Paces
Crain's Chicago Business - 11/15/04

Jack Levin, Senior Partner, Kirkland & Ellis LLP
LawCrossing.com - 4/19/04

Workshop Focuses on Salvaging Investments Gone Sour
The Wall Street Journal - 4/1/02

60 Seconds With Jack S. Levin of Kirkland & Ellis
ePrairie.com - 5/31/01

Law Business Research named Jack as a global leader in private funds and tax law in The International Who's Who of Business Lawyers 2003 - Corporate Tax and The International Who's Who of Business Lawyers - Private Funds in 2002 and 2003.

Described by Chambers & Partners as “the father of private equity” and “extraordinarily talented” with a “wealth of experience in LBOs,” Jack Levin has consistently been selected as one of America's Leading Lawyers for Business in Corporate/M&A and Tax.  Read the ranking summaries by clicking the links below:

2008:  Corporate/M&A & Private Equity
          Tax

2007:  Corporate/M&A & Private Equity
          Tax

2006:  Corporate/M&A & Private Equity
          Tax

     2005:  Corporate/M&A
               Tax

2004:  Corporate/M&A 
          Tax

2003:  Corporate/M&A
          Tax

2002:  Corporate/M&A
          Tax

Selected as 2009 "Tax Lawyer of the Year" for Chicago, Best Lawyers

Leading Lawyers Network named Mr. Levin one of the "Top Ten Leading Lawyers in Illinois in All Areas of Law" based upon the opinions of his peers.

Law Dragon 500

Illinois Super Lawyers Magazine 2005

Who's Who in Chicago Business: 2000, 2001, 2002, 2003, 20042005 and 2006 Editions, Crain's Chicago Business

The Best Lawyers in America 2007: Listed in the areas of Corporate Law, Leveraged Buyouts and Private Equity Law, Tax Law and Venture Capital Law

Institutionalizing a Legendary Venture Capital Practice
Of Counsel
- 11/3/97

Mr. Levin has authored or co-authored several books:

Structuring Venture Capital, Private Equity, and Entrepreneurial Transactions (1 volume, 1,350 page treatise authored by Jack S. Levin, updated and republished annually)
Aspen Publishers - most recent edition May 2009

Mergers, Acquisitions, and Buyouts (4 volume, 4,800 page treatise co-authored by Jack S. Levin along with Prof. Martin D. Ginsburg, updated and republished semi-annually)
Aspen Publishers - most recent edition July 2009

To order either of these publications in online, hard copy or CD-ROM version, contact Aspen Publishers at (800) 638-8437 or visit their Web site at www.aspenpublishers.com.

Mr. Levin has authored or co-authored numerous articles and chapters of books:

The Jobs Act's Harsh New Deferred Compensation Rules (along with Donald E. Rocap and Keith E. Villmow) Tax Notes - 9/12/2005

Divide and Conquer: Why and How to Bifurcate Your LBO's Equity Structure (along with Sandy E. Perl and Shelly M. Hirschtritt)
The Venture Capital Review - Spring 2004

Revisiting Golden Parachutes (along with Donald E. Rocap and Prof. Martin D. Ginsburg)
Tax Notes - 1/12/2004

Navigating Down Round Financings: A Guide for VCs (along with Margaret A. Gibson and Mariano E. Martinez)
The Venture Capital Review - Summer 2003

Two-part article: Triple Whammy (Part I), Down Not Out (Part II)
The Daily Deal - 1/30/2003 & 1/31/2003

What Every Private Equity Professional Must Know About Sarbanes-Oxley Reforms (along with James S. Rowe and Robert M. Hayward)
The Venture Capital Review - Fall/Winter 2002

How CEOs, CFOs Can Avoid Criminal Exposure Under Sarbanes-Oxley Certification Provisions (along with Craig Primis and Laurence Urgenson)
Business Crimes Bulletin - October 2002

Investment Adviser Regulation of Private Equity Fund General Partner (along with Scott A. Moehrke)
The Venture Capital Review - Summer 2002

Integrated Corporate Acquisitions: Comments on Rev. Rul. 2001-46 (along with Prof. Martin D. Ginsburg)
Tax Notes - 10/22/01

Integrated Acquisitive Reorganizations (along with Prof. Martin D. Ginsburg)
Tax Notes - 6/11/01

Surprising Tax Issues for Shareholder-Execs Receiving Unvested Stock for Vested Stock in Reorg (along with Donald E. Rocap and Prof. Martin D. Ginsburg)
Tax Notes - 12/4/00

How VC/PE Funds Can Deliver Special LTCG Tax Benefits to Individual LPs and GPs (along with Jeffrey T. Sheffield, Donald E. Rocap and William R. Welke)
The Venture Capital Review - Fall 2000

Structuring a Buyout -- What Every VC Professional Must Know
The Venture Capital Review - Fall 1999

Five New Tax Developments Private Equity Investors Must Know in Structuring a Buyout or Venture Investment (along with William R. Welke)
The Venture Capital Review - Spring 1999

Structuring Buyouts for "Recap" Accounting -- Maximizing Target's Post-Acquisition Book Earnings and IPO Value (along with William R. Welke)
The Venture Capital Review - Spring 1998

Evaluating Proposals to Tax Intragroup Spin-Offs (along with Prof. Martin D. Ginsburg)
Tax Notes - 7/14/97

Important Fund Formation Developments -- Or Five Things Every Private Equity Fund Sponsor Must Know (along with Bruce I. Ettelson and Donald E. Rocap)
The Venture Capital Review - 1997

The Subchapter S One-Class-of-Stock Regulation (along with Prof. Martin D. Ginsburg)
Tax Notes - 10/9/95

Code Section 162(m) - $1 Million Deduction Limit on Executive Compensation  (along with George B. Javaras and William R. Welke)
Tax Notes - 5/9/94

A Transactional Guide to New Code Section 197  (along with Donald E. Rocap)
Tax Notes - 10/25/93

Code Section 162(m) - New $1 Million Deduction Limitation on Executive Compensation (along with George B. Javaras and William R. Welke)
Tax Notes - 10/4/93

Final Section 1504(a)(5) Regulation - Effect of Subsidiary's Options, Warrants, and Convertible Debentures on Subsidiary's Affiliated Group Membership  (along with Patrick C. Gallagher and William R. Welke)
Tax Notes - 4/5/93

Author of approximately 50 other articles and chapters of books on mergers, acquisitions, private equity, tax, corporate, SEC, and accounting issues including Tax Law Review; The Tax Lawyer; Journal of Taxation; Tax Notes; American Bar Association Journal; Taxes Magazine; Venture Capital Review; New York University Institute on Taxation book; University of Southern California Major Tax Planning book; Tulane Tax Institute book; Chicago Bar Record; New York Law Journal; PLI books; Illinois Institute on Continuing Legal Education books; Chicago Sunday Tribune; Journal of Buyouts & Acquisitions; Chicago Kent Law Review.

Seminars

Frequent speaker at major tax institutes and private equity/venture capital conferences including:

Practising Law Institute (seminars on tax, SEC, and accounting aspects of corporate acquisitions, buyouts, financings, and reorganizations); American Bar Association and ALI/ABA National Institutes; Chicago and Illinois Bar Association Seminars; Illinois Institute on Continuing Legal Education; Federal, California and Colorado Bar Association Seminars; Tax Institutes sponsored by University of Chicago, New York University, Hawaii Tax Institute; Tulane University, Miami University, Georgetown University, University of Virginia, University of Southern California, Southwestern Legal Foundation, and Chicago Kent; Northwestern University Tax and Corporate Institutes; Southern Federal Tax Institute; University of California Securities Regulation Institute; Chicago Estate Planning Council; National Association of Estate Planning Councils; Chicago Federal Tax Forum; Chicago Tax Club; national and regional meetings of the American Society of Corporate Secretaries; Association of General Counsel; American Bankers Association; national and regional meetings of the National Association of Small Business Investment Companies; Association for Corporate Growth; International Fiscal Association; McGraw-Hill and Harcourt Brace Seminars; Wharton Enterprise Institute; Garage.com - Bootcamp for Lawyers

Courts

U.S. Supreme Court

Numerous Federal Courts of Appeals and District Courts
Chicago Hong Kong London Los Angeles Munich New York Palo Alto Shanghai Washington, D.C.