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

• Acquisition by BAE Systems
• Acquisition by Investor Group
• Acquisition by On Assignment
• Acquisition by Ripplewood Holdings
• Acquisition Financing of Genetic Testing Institute, Inc.
• Acquisition of Alpha Natural Resources, Inc , (2008)
• Acquisition of New Bristol Farms, Inc.
• Acquisition of Shaw's Supermarkets, Inc.
• Acquisition of Triune
• Add-on
• Buyout
• Buyout
• Buyout
• Buyout
• Buyout
• Buyout
• Buyout , (2009)
• Buyout , (2009)
• Leveraged Buyout and related Acquisition Financing of All Current Electrical Sales, Inc.
• Public Offering of Senior Notes , (2009)
• Regulation D Private Placement
• Sale of Bridal Group Division
• Sale of Direct Marketing Services Business
• Sale of Eckerd
• Sale of Nickel Assets
• Sale of the mortgage loan servicing business of Option One Mortgage Corporation

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

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