Richard M.Nugent

Richard Nugent is described in Chambers USA as "an extremely knowledgeable and dedicated attorney" and in The Legal 500 as "practical, creative, responsive, and a skilled problem solver."

Richard has 25 years experience advising on the tax aspects of public and private M&A deals, spin-offs, and internal restructurings; debtors and creditors within and outside bankruptcy; and financings and other capital markets transactions and partnerships.

Richard represented 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 $4.2 billion acquisition of Merck's consumer health business, its acquisitions of TULA Life, Farmacy Beauty, and This is L, and its pending 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; Eagle Tree in private equity transactions; Marubeni in the sale of Gavilon's global grain business to Viterra; 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 and advised the Treasury Department in the General Motors and Chrysler bankruptcies.

Richard is a frequent speaker on tax issues at PLI programs.