Frodyma, Scott F.

Current Employment Position(s)

Of Counsel

Lawyer Overview

Scott Frodyma's practice includes a wide range of federal income tax matters. His experience covers a variety of transactions, including acquisitions and dispositions, restructurings, and financings, for both public and private companies. Scott regularly advises clients with planning, negotiation, and documentation of complex business transactions. He also has experience representing corporate clients in pursuing private rulings and protests before the Internal Revenue Service and Appeals.

Most recently, Scott, along with Dennis Drapkin (tax Partner in Dallas), advised J.C. Penney on tax matters in connection with its sale of the Eckerd drugstore business for $4.5 billion in the third quarter of 2004. He and Dennis also represented Albertsons during its acquisition of both Bristol Farms in the third quarter of 2004 and Shaw's and Star Markets for $2.48 billion from J. Sainsbury Plc in the second quarter of 2004.

Areas of Practice

• Tax
• Mergers & Acquisitions/Tax
• Private Equity/Tax
• Structured Finance/Tax
• Tax Audits & Controversies

Representative Cases

• Albertson's acquired by consortium of investors for $17.4 billion , (2009)
• Albertson's acquires New Bristol Farms
• Albertson's acquires Shaw's Supermarkets
• Axsys Technologies is acquired by General Dynamics , (2009)
• Blue Point Capital acquires Area Wide Protective and LNA Auto
• Brush obtains gold and copper consignment facilities
• Circuit Check completes sale to Tonka Bay Equity
• Cliffs Natural Resources completes public offering of Common Stock , (2009)
• Cliffs Natural Resources issues $400 million of Senior Notes in a public offering
• Cliffs Natural Resources proposes to acquire Alpha Natural Resources for $10 billion , (2009)
• ConAgra announces $900 million tender offer for notes
• ConAgra completes $1 billion public offering of senior notes , (2009)
• Cortec acquires Display Specialties
• DDR completes tender offer for three series of Senior Notes , (2010)
• Federated sells Bridal Group division to Leonard Green and The Men's Wearhouse
• Ferro completes public offering of Common Stock , (2009)
• H&R Block sells Option One mortgage loan servicing business to WL Ross for $1.1 billion
• High Road Capital acquires Accentus , (2009)
• High Road Capital acquires All Current Electrical
• Industrial Growth Partners sells Consolidated Foundries
• J.C. Penney sells Eckerd drugstore operations to CVS Corp. and The Jean Coutu Group , (2009)
• J.C. Penney sells its Direct Marketing Services Business to AEGON
• Kirtland Capital sells portfolio company PVC Container to Castle Harlan
• MTC Technologies is acquired by BAE Systems , (2009)
• OM Group acquires EaglePicher Technologies from EaglePicher Corporation for $171.9 million , (2009)
• OM Group sells nickel assets to OJSC MMC Norilsk Nickel for $408 million
• Primus Capital acquires MedHost
• Reader's Digest completes $2.0 billion sale to Ripplewood investor group , (2009)
• Riverside acquires A&C
• Riverside acquires business unit of Baldor Electric Company
• Riverside acquires Digital Technology International
• Riverside acquires Genetic Testing Institute
• Riverside acquires limited liability company interests of Precision Wire Components
• Riverside portfolio company acquires Advocate Medical Services and St. Andrew's Medical Supply , (2010)
• Riverside portfolio company acquires capital stock of The Horn Book , (2009)
• Riverside portfolio company acquires three branded publications from subsidiary of Reed Elsevier
• Riverside portfolio company acquires Triune
• Sherwin-Williams issues $500 million of Senior Notes in a public offering
• Standard Bank completes Regulation D private placement of $230 million of Series A Subordinated Notes and $125 million of Floating Rate Series B Subordinated Notes by The Standard Bank of South Africa Limited
• Timken completes $250 million of 6.000% Senior Notes
• Vista Staffing acquired by On Assignment

West Practice Categories

Banking & Finance Law, Corporate Taxation, Estate & Gift Taxation, Excise Taxes, Income Taxation, International Taxation, Mergers, Acquisitions & Divestitures, Payroll Taxes, Property (Ad Valorem) Taxes, Sales & Use Taxes, Taxation Law

Bar Admissions

• New York
• Ohio

Education

• George Washington University
• Middlebury College
• New York University

Published Works

• New Section 199 Deduction Available for 2005 But Taxpayers Must Work to Take Full Advantage of the Savings, 2006
• Back to Basics -- A Review of Recent Decisions Relying on the Economic Substance, Business Purpose, Step Transaction and Clear Reflection of Income Doctrines, Jones Day State Tax Return Newsletter, Vol. 9, No. 6, 2002

Address

North Point
901 Lakeside Avenue
Cleveland, OH 44114-1190

Phones

1.216.586.7282 (Business Phone)

Faxes

1.216.579.0212 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com