Law Practice

Tax Shelter Probe Points to More Attys


It isn’t just Sidley Austin and the now-defunct Jenkens and Gilchrist that come to mind these days when one thinks of the federal investigation of allegedly abusive tax shelters.

Other law firms names, too, are in the news for those who are following the sprawling tax shelter investigation brought by the U.S. attorney’s office in Manhattan, reports the Wall Street Journal’s law blog.

Firms at least peripherally concerned in helping design or providing dubious opinion letters about the tax shelters at issue allegedly include: Locke Liddell & Sapp; Arnold & Porter and Proskauer Rose, the blog states, relying on reporting by American Lawyer magazine. None of the firms wished to discuss the situation, the blog reports.

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