Richard Nugent is described in Chambers USA as "a highly skilled attorney with strong customer service skills" and in The Legal 500 as "practical, creative, responsive, and a skilled problem solver."
Richard has 25 years experience advising on M&A and private equity deals, spin-offs, and internal restructurings; advising debtors, creditors, and other stakeholders within and outside bankruptcy; and advising on capital markets transactions and partnerships.
Richard represented EagleTree in various private equity transactions; Labcorp in the tax-free spin-off of Fortrea; the Jackson Crossover Group debtholders in the Intelsat bankruptcy, which involved the restructuring of $14.7 billion of prepetition debt; Procter & Gamble (P&G) in its acquisitions of Merck's consumer health business, TULA Life, Farmacy Beauty, and This is L, and its sale of Vidal Sassoon in Greater China; Wabtec in its $11.1 billion Reverse Morris Trust (RMT) with GE Transportation, its acquisition of Nordco, and its Green Bonds and senior notes issuances; Conagra in its $10.9 billion acquisition of Pinnacle Foods and the sales of its direct store delivery snacks business and Peter Pan; the shareholders of Pacific Gas and Electric in its bankruptcy; and the term loan lenders in the iHeart bankruptcy.
Before joining Jones Day, Richard advised P&G on the tax-free RMT dispositions of its specialty beauty business to Coty and its Folgers coffee business to Smucker, the tax-free split-off of Duracell to Berkshire Hathaway, and the sale of Pringles to Kellogg. He also advised the Treasury Department in the General Motors and Chrysler bankruptcies.
Experience
The following represents experience acquired prior to joining Jones Day.
Advised Pfizer in its acquisitions of Wyeth, King Pharmaceuticals, and Embrex and in the sale of its Capsugel business to KKR.
Advised LyondellBasell in its chapter 11 reorganization case.
Advised Élan in its combination with Perrigo and its tax-free spin-off of Prothena Corporation.
Advised Bear Stearns in its sale to JPMorgan Chase.
Advised Northwest Airlines in its chapter 11 reorganization case and related rights offering.
Advised Forbes Media on its sale of a majority stake to a group of international investors.
Advised Yucaipa in the Inner City Media chapter 11 reorganization case.
Advised Barclays in the Contec chapter 11 reorganization case.
Advised Icahn as secured lender in the Blockbuster chapter 11 reorganization case.
Advised CVC Capital Partners in its proposed acquisition of Barclays' iShares unit.
Advised JPMorgan in the Station Casinos chapter 11 reorganization case and the Centro Properties restructuring.
Additional Publications
Additional Speaking Engagements
- July 12-14, 2024
New York State Bar Association Tax Section 2024 Summer Meeting - November 15-17, 2023
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Chicago 2023 - November 16-18, 2022
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Chicago 2022 - May 12-14, 2022
ABA's Hybrid May 2022 Tax Meeting - November 9-11, 2021
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Chicago 2021 - January 30 – February 1, 2020
ABA’s 2020 Midyear Tax Meeting - October 16-18, 2019
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings New York 2019 - December 5-7, 2018
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Los Angeles 2018 - November 14-16, 2018
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Chicago 2018 - October 17-19, 2018
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings New York 2018 - February 7, 2018
The Tax Cuts and Jobs Act of 2017: How It Affects Your Business - December 6-8, 2017
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Los Angeles 2017 - November 15-17, 2017
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings Chicago 2017 - October 18-20, 2017
PLI's Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings New York 2017
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- Georgetown University (LL.M. with distinction 1997); Rutgers University-Newark (J.D. with honors 1995); Saint Peter's College (B.A. summa cum laude 1992)
- New York
Ranked in Chambers USA (2020-2024)
Recognized in domestic tax by The Legal 500 US (2015-2016; 2017-2019; 2022-2024)
Listed in New York — Metro Super Lawyers (2010-2020; 2023)
Elected as a Fellow of the American College of Tax Counsel (2022)
Named to the Turnarounds & Workouts annual list of bankruptcy tax specialists (2011-2024)
Member of the Tax Forum and the Executive Committee of the NYSBA Tax Section
- Law Clerk to: Judge Richard F. Suhrheinrich, U.S. Court of Appeals, Sixth Circuit (1997-1998) and Judge Robert P. Ruwe, U.S. Tax Court (1995-1997)