Satisfy Your CLE and CPE Requirements!

Register Online at www.pli.edu or Call (800) 260-4PLI

Tax Planning forDomestic & ForeignPartnerships, LLCs, Joint Ventures & OtherStrategic Alliances 2010

Chicago, May 12-14, 2010New York City, May 25-27, 2010San Francisco, June 16-18, 2010

• Review basic concepts; then tackle more complex issues• Study the effects of recent and proposed tax legislation • Hear speakers from the IRS and Treasury discuss

cutting-edge issuesPlus• New session on advanced Section 752 issues• Picnic lunch sessions on:

– Partnership and LLC compensatory interests– Interesting partnership transactions of the past year– The troubled partnership – workouts and

debt restructurings• Expanded morning session on economic substance,

anti-abuse rules, and recent cases and proposedlegislation

Why You Should AttendThroughout the 1990s and early 2000s, the takeover dominated the world of corporate finance. It no longerstands alone and may even be in the doldrums for now. Rather, the defining deal for 2010 and beyond may wellbe the alliance, the joint venture, the partnership.Few days go by when the Wall Street Journal doesn’t contain an announcement involving a joint venture orstrategic alliance among companies either in formation or break-up. Examples during the last year or so include:• Tribune Co. urging the Ricketts bid for the Chicago Cubs to mimic the tax-advantaged structure known as a

leveraged partnership, as previously used in 2008 to finance Tribune Co.’s disposition of Newsday toCablevision Systems, Inc.; by using this structure, Tribune Co. would not be ”selling“ the assets for taxpurposes, but would be receiving hundreds of millions of dollars in cash tax-free.

• Scripps Networks Interactive, Inc. and Cox Communications, Inc. announcing the creation of a Travel Channeljoint venture in which Cox will retain a 35% stake; Scripps will inject $181 million into the partnership whichwill raise $878 million in debt that will be paid out to Cox.

• Washington Post Co. and Bloomberg, LP joining forces in a venture – called Washington Post News Servicewith Bloomberg – to sell articles to newspaper and other news organizations, hoping there’s a ready marketamong publishers who are struggling to maintain their coverage amid budget cuts.

• Sony Electronics, Inc. and Google, Inc. planning to launch a partnership to battle Amazon.com, Inc.’s Kindleelectronic book reader; the plan would give users of the Sony Reader device access to more than half a millionpublic domain books from Google’s ambitious book digitation project.

• General Electric Co. and Comcast Corp. disclosing a deal for GE to merge NBC Universal with Comcast’s cablechannels in a joint venture that would be 51% controlled by Comcast; the Comcast-NBC joint venture isexpected to bring GE more than $8 billion in cash with Comcast injecting cash in the range of $6.5 billion andwith another $9 billion in debt being taken on by the joint venture. In discussing the deal, Chief Executive ofGE Jeffrey Immelt expressed growing interest in joint ventures and partnerships, particularly outside the U.S.Recently, GE formed a joint venture with a Chinese state-owned aviation company and a partnership with aChinese locomotive maker. ”We’ve always liked joint ventures and partnerships. We think they help usexpand geographically,“ said Mr. Immelt.

• New York developer Related Cos. and investment bank Goldman Sachs Group, Inc. signing a $1 billion jointventure deal to acquire the largest undeveloped parcel of land in Manhattan, Hudson Yards, for long-termdevelopment notwithstanding the slowdown in real estate.

• Hewlett-Packard Co. and Microsoft Corp. announcing the investment of $250 million in a partnership to moretightly couple their software and hardware products, as rivals Oracle Corp., International Business MachinesCorp. and others remake themselves as one-stop shops for technology.

• Dynegy, Inc. announcing the dissolution of its joint venture with LS Power Associates, LP, a 50-50 venture thatfocused on development of new cold-fired power plants and other energy projects whereby LS Power wouldacquire rights to ”green field projects.“

• Fourteen tech companies joining forces and seeking $1 billion in federal aid to build a plant to make advancedbatteries for electric cars, in a bid to catch up to Asian rivals that are far ahead of the U.S.

Joint ventures between large companies or with start-up or other smaller companies are now an everydayoccurrence. Partnerships have long been the tried and true format for the holding and operation of real estate,and, since the 1981 Act, for the conduct of closely-held business operations as well. Further, the increase in thenumber of joint ventures to develop large-scale projects and innovative concepts, the rise of the limited liabilitycompany, the promulgation of the final “check-the-box” regulations, and the increasing use of hybrids that havefueled an explosion of tax planning opportunities have led many companies, both large and small, to focus on thepartnership form or the LLC form for structuring subsidiary operations and foreign operations. More than everbefore, corporate tax executives find they must advise senior management, and outside counsel find they mustadvise their clients, on the opportunities and pitfalls of structuring joint ventures and investments as partnershipsor LLCs under Subchapter K of the Internal Revenue Code.This three-day seminar will trace the partnership tax rules from the birth of the partnership through its operatinglife, with emphasis on tax issues and planning strategies and opportunities; and then, since for one reason oranother such ventures frequently unwind either before or after satisfying their purpose, will focus on exitstrategies and tax planning possibilities in unwinding.

Tax Planning forDomestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2010

Chicago, May 12-14, 2010

New York City, May 25-27, 2010

San Francisco, June 16-18, 2010

Some of the sessions on the first day are intended to serve as a review of basics. In addition, there will bepanels on partnership and LLC compensatory interests and on non-compensatory partnership options,convertibles, recapitalizations and similar interests; there will be a panel on state taxation; there will besessions on disguised sales and guaranteed payments; there will be a session on partnership mergers anddivisions; there will be a session on energy credit partnerships; there will be a new panel on advanced Section752 issues; there will be an entire morning on economic substance, anti-abuse rules and recent cases andproposed legislation including a panel on disputing and litigating partnership tax cases, and there will be atwo-hour session on the entire area of partnership workouts and debt structurings. Special attention will also be given to planning under recently finalized sets of regulations and proposedregulations and to changes wrought by recent legislation and legislative proposals. Speakers from Treasuryand the IRS will be joining a number of the more advanced panels in order to discuss cutting-edge issues.Finally, the entire afternoon of the third day will be committed to international joint venture tax planningincluding the use of hybrids and, therefore, is intended to be quite advanced.

What You Will Learn & Special Features• The benefits and detriments of choosing the partnership form• Avoiding the partnership form for certain strategic alliances• Effects of the “check-the-box” regulations• Planning for joint ventures of operating businesses• Special partnership tax accounting rules• Inside and outside partnership basis rules• Determinations of partner distributive shares and the effect of liabilities• Planning under Section 704(c)• Luncheon session on partnership and LLC compensatory interests including options, featuring a

government panelist• Regulations on non-compensatory partnership options and convertibles• Transactions between the partnership and partners, including exit strategies• Disguised sales• Guaranteed payments• Dispositions of partnership interests• Nonliquidating and liquidating partnership distributions• Partnership terminations under the final regulations• Section 754 election planning and special basis adjustments, including effects of

2004 Jobs Act amendments• Partnership mergers and divisions under the final regulations• State taxation of partnerships, LLCs and their owners• Structuring issues for private equity funds• Energy tax credit partnerships• Advanced Section 752 issues• Extended session on partnership workouts and debt restructurings• The effects of the final partnership anti-abuse regulations on planning• Update on the economic substance doctrine, recent tax shelter cases and legislation, preparer penalties,

ethical considerations• Dispute and litigation strategies in partnership tax cases• Interesting partnership transactions of the past year luncheon session• Panel of inside tax counsel on forming and operating a joint venture• Session featuring IRS and Treasury representatives on the government perspective on key partnership issues• International joint venture issues and planning – outbound and inbound, including government panelists• International “check-the-box” planning, including government panelists• Effects of recent or proposed tax legislation• Pending regulatory proposalsThe faculty will consist of both inside and outside tax counsel with special expertise in the transactionalaspects of structuring partnerships, joint ventures and other strategic alliances, both domestic and foreign. For some of the more advanced topics, the faculty will be joined by panelists from IRS and Treasury. Many ofthe faculty have significant teaching experience and will adopt an approach designed to enable attendees toprogress rapidly from an elementary understanding of the rules to the cutting-edge of the most complex ofcurrent transactional issues.

Reserve your place today, call (800) 260-4PLI.

Faculty

Jennifer H. AlexanderDeloitte Tax LLPWashington, D.C.(San Francisco)

Joan C. Arnold Pepper Hamilton LLPPhiladelphia(San Francisco)

Sheldon I. BanoffKatten Muchin Rosenman LLPChicago(Chicago & New York City)

Andrew N. BergDebevoise & Plimpton LLPNew York City(New York City)

John A. BiekNeal, Gerber Eisenberg LLPChicago(Chicago)

Kimberly S. BlanchardWeil, Gotshal & Manges LLPNew York City(New York City)

Joseph M. CaliannoGrant Thornton LLPWashington, D.C.(Chicago)

Linda E. Carlisle White & Case LLPWashington, D.C.

Paul D. CarmanChapman & Cutler LLPChicago(Chicago)

Terence Floyd CuffLoeb & Loeb LLPLos Angeles(San Francisco)

Jasper L. Cummings, Jr.Alston & Bird LLPRaleigh, North Carolina(Chicago)

Jeffrey G. DavisMayer Brown LLPWashington, D.C.

Co-Chairs

Louis S. FreemanSkadden, Arps, Slate,

Meagher & Flom LLPChicago

Henry A. OrphysDirector, U.S. Tax & TradeIntel CorporationSanta Clara, California(Chicago & San Francisco)

Clifford M. WarrenTax DirectorKohlberg Kravis Roberts & Co.New York City(New York City)

Department of the Treasury

Jeffrey Van HoveDeputy Tax Legislative

Counsel(Regulatory Affairs)Department of the TreasuryWashington, D.C.

Robert J. CrnkovichSenior Counsel(Tax Policy)Department of the TreasuryWashington, D.C.

Helen H. MorrisonDeputy Benefits Tax

CounselDepartment of the TreasuryWashington, D.C.

Curtis G. WilsonAssociate Chief Counsel(Passthroughs & Special

Industries)Internal Revenue ServiceWashington, D.C.

Steven A. MusherAssociate Chief CounselInternationalInternal Revenue ServiceWashington, D.C.(San Francisco)

Michael A. DiFronzoDeputy Associate

Chief Counsel(International)Internal Revenue ServiceWashington, D.C.(New York City)

Joy C. SpiesTax Attorney Advisor(Passthroughs &

Special Industries)Internal Revenue ServiceWashington, D.C.(Chicago)

Christopher T. KelleySpecial Counsel to

the Associate Chief Counsel

(Passthroughs & SpecialIndustries)

Internal Revenue ServiceWashington, D.C.

Jackie S. LevinsonSpecial Counsel to

the Associate Chief Counsel

(International)Internal Revenue ServiceWashington, D.C.(Chicago)

Dianna MiosiSpecial Counsel to

the Associate Chief Counsel

(Passthroughs & SpecialIndustries)

Internal Revenue ServiceWashington, D.C.(New York City &

San Francisco)

Avi AbergelManaging Director,

Finance GroupHead of Global Tax PlanningBlackstone, Inc.New York City(New York City)

Wendy E. AitkenTax Director,

Pass Thru EntitiesThe Fremont GroupSan Francisco(San Francisco)

Kenneth F. BarkoffSenior Vice President and

Director of TaxationAllianceBernstein L.P. New York City(New York City)

David K. BurtonManaging Director &

Senior Tax CounselGE Energy Financial

ServicesStamford, Connecticut(New York City)

Robert M. GordonRobert M. Gordon, P.C.Wilmette, Illinois(Chicago)

Linda A. Klang Senior Vice PresidentLehman Brothers

Holding Inc.Jersey City, New Jersey(New York City &

San Francisco)

David C. LinkSenior Tax CounselCargill, IncorporatedMinneapolis(Chicago)

Scott Naatjes Vice President, Global Tax

and CustomsCargill, IncorporatedWayzata, Minnesota(San Francisco)

Daniel J. Widawsky Managing DirectorCitadel Investment

Group, L.L.C.Chicago(Chicago)

Internal Revenue Service Outside Counsel

Corporate Tax Management

Michael J. DesmondBingham McCutchen LLPWashington, D.C.(Chicago)

Julie A. DivolaPillsbury Winthrop Shaw

Pittman LLPSan Francisco(San Francisco)

Daniel A. DumezichMayer Brown LLPChicago(Chicago)

Miriam L. FisherMorgan, Lewis & Bockius LLPWashington, D.C.(Chicago)

Michael G. FrankelErnst & Young LLPMiami, Florida(San Francisco)

Steven G. FrostChapman & Cutler LLPChicago(Chicago)

James P. FullerFenwick & West LLPMountain View, California(New York City &

San Francisco)

Phillip GallDeloitte Tax LLPNew York City(New York City)

Gregory W. Gallagher Kirkland & Ellis LLPChicago(San Francisco)

Todd D. GolubBaker & McKenzie LLPChicago(Chicago)

Armando GomezSkadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C. (San Francisco)

Adam M. HandlerPricewaterhouseCoopers LLPLos Angeles(San Francisco)

Hal HicksSkadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C.(Chicago & San Francisco)

Michael HirschfeldDechert LLPNew York City(New York City)

Barksdale HortenstineErnst & Young LLPHouston(San Francisco)

Gary R. Huffman Bingham McCutchen LLPWashington, D.C.(Chicago & New York City)

Barbara T. KaplanGreenberg Traurig, LLPNew York City(New York City)

Donald L. KorbSullivan & Cromwell LLPWashington, D.C.(New York City)

Paul F. KuglerKPMG LLPWashington, D.C.(San Francisco)

Carolyn Joy LeeJones DayNew York City(New York City &

San Francisco)

David F. LevySkadden, Arps, Slate,

Meagher & Flom LLPChicago(Chicago & San Francisco)

Richard M. LiptonBaker & McKenzie LLPChicago(San Francisco)

Karen LohnesPricewaterhouseCoopers LLPWashington, D.C.(San Francisco)

James M. LowyErnst & Young LLPSan Francisco(San Francisco)

Todd F. MaynesKirkland & Ellis LLPChicago(Chicago)

William S. McKeeBingham McCutchen LLPWashington, D.C.(New York City)

William F. NelsonBingham McCutchen LLPWashington, D.C.(New York City)

William P. O’SheaDeloitte Tax LLPWashington, D.C.(San Francisco)

Pamela F. OlsonSkadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C.(Chicago)

Paul W. OosterhuisSkadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C.(New York City)

Stephen L. Owen DLA Piper LLP (US)Washington, D.C. and

Baltimore(Chicago)

Martin D. PollackWeil, Gotshal & Manges LLPNew York City(New York City)

Sanford C. PresantGreenberg Traurig, LLPSanta Monica(New York City)

Loretta R. RichardRopes & Gray LLPBoston(San Francisco)

Donald E. Rocap Kirkland & Ellis LLPChicago(New York City)

Stephen D. RoseMunger, Tolles & Olson LLPLos Angeles(Chicago & San Francisco)

Stuart L. Rosow Proskauer Rose LLPNew York City

Blake D. Rubin McDermott Will & Emery LLPWashington, D.C.(Chicago & San Francisco)

Bahar A. SchippelSnell & Willmer L.L.P.Phoenix(Chicago)

David H. SchnabelDebevoise & Plimpton LLPNew York City(Chicago & San Francisco)

Sean ShimamotoSkadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C.(Chicago & San Francisco)

Dean S. ShulmanSkadden, Arps, Slate,

Meagher & Flom, LLPNew York City(Chicago)

Mark J. SilvermanSteptoe & Johnson LLPWashington, D.C.(New York City &

San Francisco)

Bryan C. SkarlatosKostelanetz & Fink LLPNew York City(New York City)

Eric B. SloanDeloitte Tax LLPNew York City (Chicago & New York City)

Eric SolomonErnst & Young LLPWashington, D.C.(New York City)

James B. SowellKPMG LLPWashington, D.C.(New York City)

Lewis R. SteinbergManaging DirectorGlobal Head Strategic

Solutions GroupUBS Securities LLC New York City

Steven M. Surdell Ernst & Young LLPChicago(Chicago)

Linda Z. SwartzCadwalader, Wickersham

& Taft LLPNew York City(New York City)

Willard B. TaylorSullivan & Cromwell LLPNew York City(New York City)

Carol P. TelloSutherland Asbill &

Brennan LLPWashington, D.C.(Chicago)

Keith E. Villmow Kirkland & Ellis LLPChicago(Chicago)

Anna VoortmanErnst & Young LLPChicago(San Francisco)

William P. Wasserman Consultant to Ernst &

Young LLPLos Angeles(New York City &

San Francisco)

R. David WheatThompson & Knight LLPDallas(San Francisco)

Andrea MacintoshWhiteway McDermott Will & Emery LLPWashington, D.C.(Chicago & New York City)

B. John Williams, Jr.Skadden, Arps, Slate,

Meagher & Flom LLPWashington, D.C.(San Francisco)

Fred T. WittDeloitte Tax LLPPhoenix(Chicago)

Diana L. WollmanSullivan & Cromwell LLPNew York City(New York City)

Philip B. WrightBryan Cave LLPSt. Louis(Chicago & San Francisco)

Program Attorney:Stacey L. Greenblatt

Day One: 9:00 a.m. – 6:00 p.m.

Morning Session: 9:00 a.m. – 12:15 p.m.

9:00 Partnership Basis Issues IncludingAllocating Liabilities Among Partners

Relevance of basis in partnership interest; equality ofinside and outside basis; Sections 705 and 752;partnership interest distinguished from partner’s capitalaccount; effects of contributions; effects of liabilities;effects of Peracchi; effects of income and loss; effects ofdistributions; ordering and timing rules; allocation schemesfor recourse and nonrecourse liabilities; bottom-dollarguarantees; capital account deficit restoration obligations;capital contribution obligations; final regulations for DREs;contingent liabilities and ”Son of Boss“ regulations; recent Notices.CHI: Stephen L. OwenNYC: William F. NelsonSF: Michael G. Frankel

10:00 Networking Break

10:15 Drafting Partnership Agreements forSubstantial Economic Effect

Section 704(b); basic principles and relationship withSection 752; regulatory standards for allocations;substantial economic effect; deficit restoration obligationsand other recourse assumptions; capital accountmaintenance; revaluations and book-ups; nonrecoursedeductions and minimum gain attributable to nonrecourseliabilities; minimum gain chargebacks; partner nonrecoursedebt; alternative test for economic effect; economicequivalence test; substantiality and related persons; PIP;”targeted“ versus ”layercake“ allocations; at risk anddeficit restoration agreement; regulations on ”non-taxbasis liabilities“; tiered partnerships; joint ventures withtax-exempt investors; Series LLCs; planning strategies. CHI: Todd D. Golub, David H. Schnabel NYC: Sanford C. Presant SF: Karen Lohnes, David H. Schnabel

11:30 Non-Compensatory Partnership Options,Convertibles, Recapitalizations andSimilar Transactions

Taxability of issuance, exercise and lapse ofnoncompensatory partnership options; definition of option,including options, warrants and conversion features ofdebt or preferred equity instruments; Section 704(b) andSection 704(c) consequences; basis issues; distinguishingcompensatory from noncompensatory transactions;Section 708 and Section 752 impacts; proposed and final(hopefully) regulations; planning opportunities andstrategies.CHI: Gary R. Huffman, Joy C. Spies [Tax Attorney Advisor (Passthroughs & Special Industries),Internal Revenue Service] NYC: Gary R. Huffman, Dianna Miosi [Special Counsel to the Associate Chief Counsel(Passthroughs & Special Industries), Internal Revenue Service] SF: David H. Schnabel, Dianna Miosi [Special Counsel to the Associate Chief Counsel (Passthroughs & Special Industries), Internal Revenue Service]

12:15 “Picnic Lunch” Program: Partnership and LLC Compensatory InterestsIncluding Options

Capital interests; profits interests; restricted versusunrestricted, Section 83(b) election; options; warrants;equity appreciation rights; consequences to all parties;gray areas; recent IRS releases; proposed regulationsdealing with service partners; new focus on earnedinterests and possible “carried interest” legislation; effectsof recent statutory amendments, proposed, temporary andnew final regulations; Sections 409A and 457A.CHI: Sheldon I. Banoff, Bahar A. Schippel, Helen H. Morrison [Deputy Benefits Tax Counsel,Department of the Treasury], Robert J. Crnkovich [Senior Counsel (Tax Policy), Department of the Treasury] NYC: Sheldon I. Banoff, Linda Z. Swartz, Helen H. Morrison [Deputy Benefits Tax Counsel,Department of the Treasury], Robert J. Crnkovich [Senior Counsel (Tax Policy), Department of the Treasury]SF: Julie A. Divola, Paul F. Kugler, Helen H. Morrison[Deputy Benefits Tax Counsel, Department of the Treasury],Robert J. Crnkovich [Senior Counsel (Tax Policy),Department of the Treasury]

Afternoon Session: 2:30 p.m. – 6:00 p.m.

2:30 Implications of Section 704(c) forNegotiating a Partnership Agreement

Book/tax disparities; statutory framework; mechanics ofSection 704(c) and reverse Section 704(c) allocations;final and proposed regulations; the traditional method;ceiling limitation principles; traditional method withcurative allocations; remedial allocation method; otherreasonable allocation methods; anti-abuse principles;Section 704(c) in tiered structures and in mergers anddivisions; Notice 2009-70; remedials and related parties;planning concepts. CHI: Steven G. Frost, Andrea Macintosh WhitewayNYC: Andrew N. Berg, Andrea Macintosh WhitewaySF: Terence Floyd Cuff, Barksdale Hortenstine, Robert J. Crnkovich [Senior Counsel (Tax Policy),Department of the Treasury]

3:45 Networking Break

4:00 Formation of Partnerships Including JointVentures of Operating Businesses

Treatment as partnership versus other arrangements;contributions of property, rights to use property andservices; planning for transfers of intangibles underSection 197 in light of the final regulations, start-up costs,and deductibility of liabilities; contingent liabilities andtrade or business exception to regulations; introduction totaxable transfers; partnership accounting methods, periodsand issues; planning strategies.CHI: Keith E. Villmow NYC: Donald E. RocapSF: Gregory W. Gallagher

5:00 Practical Problems and Challenges inForming and Operating a Joint Venture: A Panel of Inside Tax Counsel

CHI: Henry A. Orphys, Robert M. Gordon, David C. Link, Daniel J. WidawskyNY: Clifford M. Warren, Avi Abergel, Kenneth F. Barkoff, Linda A. KlangSF: Henry A. Orphys, Wendy E. Aitken, Linda A. Klang,Scott Naatjes

6:00 Adjourn

Program Schedule

Day Two: 9:00 a.m. – 6:00 p.m.

Morning Session: 9:00 a.m. – 12:00 p.m.

9:00 Transactions Between Partner andPartnership – Sections 707, 704(c)(1)(B)and 737

Planning examples; statutory framework; payments to apartner other than in capacity as a partner; disguised sales;exit strategy planning techniques; theory of Section707(a)(2) regulations; nonsimultaneous transfers; mixingbowl transactions; entrepreneurial risk situations; TimesMirror/Chandler I and II; leveraged partnerships; Arco/ArchCoal; Tribune/Newsday/Comcast and others; In Re: G-IHoldings, Inc., et al. (the GAF case); contributions ofencumbered property; withdrawal of proposed Regulationson disguised sales of partnership interests; Section 737;combined impact of Section 737, Section 704(c)(1)(B), the disguised sale regulations, and the Section 1.701-2anti-abuse rules; recent IRS Notices, FSAs and CCAs.CHI, NYC & SF: Louis S. Freeman

10:00 Guaranteed PaymentsDistinguished from other payments; effect on distributiveshares; treatment as “interest”; cross-border effects; Rev. Rul. 2007-40; deduction versus capitalization;distinguishing preferred returns; reasonableness; accruedbut unpaid; retroactive approval; planning ideas.CHI & NYC: Eric B. Sloan, Lewis R. SteinbergSF: Jennifer H. Alexander, Lewis R. Steinberg

10:45 Networking Break

11:00 Sale, Exchange or Other Disposition ofPartnership Interests; PartnershipDistributions; Partnership Termination

Sections 741 and 751; unrealized receivables; inventoryitems; effect of liabilities; current distributions; distributionsin complete liquidation of partner interest; post-distributionconsequences to distributee; distributions involvingpartnership ordinary income property; partnershipterminations and consequences; the final Section 708termination regulations including planning strategies;planning to avoid termination.CHI & SF: Stephen D. RoseNYC: Michael Hirschfeld

12:00 “Picnic Lunch” Program: InterestingPartnership Transactions of the Past Year

CHI: Linda E. Carlisle, Paul D. Carman, Philip B. WrightNYC: Linda E. Carlisle, Phillip Gall, Diana L. WollmanSF: Linda E. Carlisle, R. David Wheat, Philip B. Wright

Afternoon Session: 2:00 p.m. – 6:00 p.m.

2:00 Adjustments to the Basis of PartnershipAssets (Sections 734, 743 and 754)Including Effects of 2004 Jobs ActAmendments

Transfer of partnership interest; distribution of partnershipassets; distribution to transferee-partner; effect of Section1060; effect of Section 197 and the final regulations;planning opportunities and techniques involving making ornot making the Section 754 election; final regulationsunder Section 755; effects of 2004 Jobs Act amendmentsincluding mandatory adjustments for built-in losses.CHI: Stuart L. Rosow, Dean S. ShulmanNYC & SF: Stuart L. Rosow, William P. Wasserman

3:00 Networking Break

3:15 Partnership Mergers and DivisionsFinal regulations; forms of partnership mergers; Assets-Over Form; Assets-Up Form; Interest-Over Form; effectsunder Section 752; buyout of a partner; merger or divisionas part of a larger transaction; forms of divisions;consequences under Sections 704(c)(1)(B) and 737.CHI & SF: Blake D. RubinNYC: William S. McKee

4:00 Hot Topics in Partnership Taxation: The Government Perspective

Recent and pending developments in partnership taxationfeaturing present and recently “retired” Treasury and IRSrepresentatives.CHI: Curtis G. Wilson [Associate Chief Counsel(Passthroughs & Special Industries), Internal Revenue Service],Jeffrey Van Hove [Deputy Tax Legislative Counsel (Regulatory Affairs), Department of the Treasury],Robert J. Crnkovich [Senior Counsel (Tax Policy),Department of the Treasury], Steven G. FrostNYC: Curtis G. Wilson [Associate Chief Counsel(Passthroughs & Special Industries), Internal Revenue Service],Jeffrey Van Hove [Deputy Tax Legislative Counsel (Regulatory Affairs), Department of the Treasury],Robert J. Crnkovich [Senior Counsel (Tax Policy),Department of the Treasury], James B. SowellSF: Curtis G. Wilson [Associate Chief Counsel (Passthroughs & Special Industries), Internal Revenue Service],Jeffrey Van Hove [Deputy Tax Legislative Counsel (Regulatory Affairs), Department of the Treasury],Robert J. Crnkovich [Senior Counsel (Tax Policy),Department of the Treasury], William P. O’Shea

5:00 Tax Credit Partnerships: Energy Credit Deals

Section 45 production tax credit (PTC) for wind, biomass,geothermal and other renewable resources; Section 48investment tax credit (ITC) for solar; election to claim ITCinstead of PTC; Treasury grants in lieu of tax credits;partnership “flip” structures; partnership allocation issuesfor PTCs and ITCs, including minimum allocations;treatment of depreciation; pre-tax profit requirement;unrelated person requirement; restrictions on puts andcalls, including fixed price purchase options; passive lossrules; Washington update.CHI & SF: Jeffrey G. Davis, Sean Shimamoto,Christopher T. Kelley [Special Counsel to the Associate Chief Counsel (Passthroughs & Special Industries), Internal Revenue Service]NYC: David K. Burton, Jeffrey G. Davis, Christopher T. Kelley [Special Counsel to the Associate Chief Counsel (Passthroughs & Special Industries), Internal Revenue Service]

6:00 Adjourn

Please plan to arrive with enough time to register before the conference begins. A networking breakfast will be available upon your arrival.

PLI Scholarships: Please check the Registration Informationsection of this brochure for more information about PLI scholarships.

Day Three: 8:30 a.m. – 5:00 p.m.

Morning Session: 8:30 a.m. – 12:00 p.m.

8:30 Economic Substance – Understanding theLimits; Anticipated Effects of Codification;Partnership, Anti-Abuse Rules, TaxShelters, Recent Tax Shelter Cases,Ethical Considerations – DistinguishingGood Tax Planning from Aggressive TaxAdvice and Criminal Tax Evasion

The impact on partnership and other transactions of recentcase law, 2004 Jobs Act amendments, and administrativedevelopments relating to economic substance and taxshelters; infiltration of the pending codification of theeconomic substance doctrine; the application of variousregulatory anti-abuse rules; new regulations on taxpreparer standards; developing interpretations of theattorney-client privilege and work product doctrine;Circular 230. CHI: Jasper L. Cummings, Jr., Michael J. Desmond,Pamela F. Olson, Jeffrey Van Hove [Deputy Tax LegislativeCounsel (Regulatory Affairs), Department of the Treasury]NYC: Mark J. Silverman, Bryan C. Skarlatos, Eric Solomon, Jeffrey Van Hove [Deputy Tax LegislativeCounsel (Regulatory Affairs), Department of the Treasury]SF: Armando Gomez, Richard M. Lipton, Mark J. Silverman, Jeffrey Van Hove [Deputy TaxLegislative Counsel (Regulatory Affairs), Department of the Treasury]

10:00 Hot Audit/Controversy Issues, Disputeand Litigation Strategies – PartnershipTax Cases

Effects of TEFRA; how to handle an IRS controversy;alternative ways to settle; possibility of fresh look fromAppeals; IRS key issues for partnerships; litigating apartnership dispute.CHI: Daniel A. Dumezich, Miriam L. FisherNYC: Barbara T. Kaplan, Donald L. KorbSF: Loretta R. Richard, B. John Williams, Jr.

10:45 Networking Break

NEW SESSION: 11:00 Advanced Section 752: What’s a Tax

Planner to Do?Building on the introduction to Section 752 (on Day One)and exploring the complexities arising from the Section752 regulations and the perils and opportunities theycreate; recent transactions and cases in which the Section 752 regulations feature prominently.CHI & NYC: Eric B. Sloan, Lewis R. SteinbergSF: Jennifer H. Alexander, Lewis R. Steinberg

12:00 “Picnic Lunch” Program: The TroubledPartnership – Workouts and DebtRestructurings

Distressed partnerships and the effect of debtmodifications, debt workouts, and partnership bankruptcyproceedings on partners and creditors. Debt modificationand amount and timing of cancellation of indebtedness(COD) income; differences between discharge/workouts ofrecourse and non-recourse indebtedness; effect of CODincome recognized by a disregarded entity; allocation ofCOD income; strategies to mitigate the effects of CODincome; partial relief from COD income as provided in the2009 Stimulus legislation (the application of these rules topartnerships raises many difficult questions); passiveactivity and at-risk implications; Rev. Proc. 2009-37;

partner-level deductions for worthlessness andabandonment; timing of losses for lenders.CHI: David F. Levy, Todd F. Maynes, Fred T. Witt,Jeffrey Van Hove [Deputy Tax Legislative Counsel(Regulatory Affairs), Department of the Treasury]NYC: Andrew N. Berg, Martin D. Pollack, James B. Sowell, Jeffrey Van Hove [Deputy TaxLegislative Counsel (Regulatory Affairs), Department of the Treasury]SF: Adam M. Handler, David F. Levy, James M. Lowy,Jeffrey Van Hove [Deputy Tax Legislative Counsel(Regulatory Affairs), Department of the Treasury]

Afternoon Session: 2:00 p.m. – 5:00 p.m.

2:00 State Taxation of Partnerships, LimitedLiability Companies and Their Owners SALT diversions from classic pass-through treatment;partnership-level taxes; entry-level fees; withholding andestimated tax obligations; composite filings; non-incometaxes; partners’ tax status – individuals, trusts,corporations; allocation/apportionment; special allocationsof state-specific income; SALT and investment activities;managers’ income; current events.CHI: John A. BiekNYC & SF: Linda A. Klang, Carolyn Joy Lee

2:45 International Joint Venture Issues –Outbound and Inbound General JointVenture Tax Issues

General review of benefits/detriments in using U.S.or foreign tax partnership vs. corporate structure inoutbound/inbound joint ventures; formation, operation andtermination of joint venture; foreign tax credit; tax treatyand Subpart F and withholding tax issues; problems withintangible property and multi-country joint ventures,including Section 894(c), final regulations under Section 894, foreign partnership reporting rules; effects of 2004 Jobs Act amendments.

“Check-the-Box” Planning Current planning techniques and issues under “Check-the-Box” regulations, including collateral consequences (e.g.,branch accounting for foreign currency under Section 987,U.S. withholding tax regulations, conversion issues andRev. Ruls. 99-5 and 99-6, and impact on treatyentitlements); harmonization of foreign tax planning withthese rules; planning opportunities with hybrids, check andsell issues.CHI: Joseph M. Calianno, Hal Hicks, Steven M. Surdell, Carol P. Tello, Jackie S. Levinson[Special Counsel to the Associate Chief Counsel (International),Internal Revenue Service] NYC: Kimberly S. Blanchard, James P. Fuller, Paul W. Oosterhuis, Willard B. Taylor,Michael A. DiFronzo [Deputy Associate Chief Counsel(International), Internal Revenue Service]SF: Joan C. Arnold, James P. Fuller, Hal Hicks, Anna Voortman, Steven A. Musher [Associate ChiefCounsel (International), Internal Revenue Service]

3:45 Networking Break

4:00 International Joint Venture Issues –Outbound and Inbound General JointVenture Tax Issues (continued)

“Check-the-Box” Planning (continued)

5:00 Adjourn

Program Schedule (continued)

PLI’s Partnership Tax Practice Series and Corporate Tax Practice Series

make it possible to consult over 500 world-class practitioners tohelp solve your tough tax problems without ever leaving your office.

Don’t miss your chance to own the practitioner’s ultimate tax library at ourspecial attendee discount prices!

As an attendee of Tax Planning 2010 you can purchase hardcopies of The Partnership Tax Practice Series: Planning for Domestic and ForeignPartnerships, LLCs, Joint Ventures & Other Strategic Alliances 2010 atthe special attendee discount price of $995. You can also pre-order your copyof the companion series The Corporate Tax Practice Series: Strategies forAcquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings,Reorganizations & Restructurings 2010 at the special attendee discountprice of $1,295.

The 2010 edition of The Partnership Tax Practice Series contains 325chapters written by more than 180 leading tax practitioners and delivers asound analysis of cutting-edge transactional tax-related issues and innovativesolutions for highly effective tax planning results.

PLEASE NOTE: The program fee does not include hardcopies of the 2010 edition of The Partnership Tax Practice Series. Attendees will receive a complimentary copy of the 2010 edition of The Partnership Tax Practice Series on a fully searchable CD-ROM, shippeddirectly to you in the Fall of 2010 (NOTE: Approximately 34 out of 325 chapters will not be included on the CD-ROM). Attendees will also receive a complimentary Conference Book containing speakeroutlines and PowerPoint slides for reference at the program.

The 2010 edition of The Corporate Tax Practice Series will includemore than 515 chapters written by over 330 leading practitioners and is thedefinitive resource on corporate tax strategies.

New this year! Both series will be produced in a “treatise-style” format andwill be updated through supplements in future years, making it even easier tomaintain your tax library.

Additional Course Handbook Authors:

Howard E. AbramsEmory University School of Law

Atlanta

Alan S. AppelBryan Cave LLPNew York City

Julia ArnoldDeloitte Tax LLPSan Francisco

Jerald David AugustFox Rothschild LLPWest Palm Beach, Florida

Jenny A. AustinBaker & McKenzie LLPChicago

Roger J. BanemanShearman & Sterling LLPNew York City

Jean Marie BertrandCadwalader, Wickersham &Taft LLP

New York City

Cecile BeurrierDebevoise & Plimpton LLPLondon

Robert D. BlashekO’Melveny & Myers LLPLos Angeles

Peter H. BlessingShearman & Sterling LLPNew York City

Bradley T. BordenWashburn University of Law

Topeka, Kansas

Ossie BoroshArnold & Porter LLPWashington, D.C.

Nancy T. BowenFulbright & Jaworski LLPHouston

William P. BowersMcKee Nelson LLPWashington, D.C.

William B. BrannanCravath, Swaine & Moore LLP

New York City

Christian BrauseCravath, Swaine & Moore LLP

New York City

John C. BrouwerAllen & Overy LLPAmsterdam, Netherlands

Henry P. BubelPatterson, Belknap, Webb &Tyler LLP

New York City

Edward J. BuchholzThompson Coburn LLPSt. Louis

Timothy BurnsPillsbury Winthrop ShawPittman LLP

San Francisco

Paul CarmanChapman and Cutler LLPChicago

William H. CaudillFulbright & Jaworski LLPHouston

Gale E. ChanMcDermott Will & Emery LLP

Washington, D.C.

Edouard ChapellierLinklatersParis, France

David L. ClickRSM McGladreyBoston

Lawrence CohenLowenstein Sandler PCNew York City

Steven J. CohenDeloitte Tax LLPSan Francisco

Barbara CoulterPricewaterhouseCoopersLLP

Atlanta

Lawrence CrouchShearman & Sterling LLPMenlo Park, California

J. William DantzlerWhite & Case LLPNew York City

Barbara Spudis de Marigny

Oppenheimer, Blend,Harrison & Tate, Inc.

San Antonio, Texas

Naftali Z. DembitzerDLA Piper LLP (US)New York City

Nicholas J. DeNovioLatham & Watkins LLPWashington, D.C.

Timothy J. DevetskiVinson & Elkins LLPHouston

Steven R. DixonShearman & Sterling LLPWashington, D.C.

Andrew J. DubroffErnst & Young LLPWashington, D.C.

Brian DuncanSkadden, Arps, Slate,Meagher & Flom, LLP

Washington, D.C.

Daniel M. DunnDechert LLPNew York City

Ezra DyckmanRoberts & Holland LLPNew York City

Bruce P. ElyBradley, Arant, Rose & White LLP

Birmingham, Alabama

Jeffrey EricksonGrant Thornton LLPWashington, D.C.

Jason R. FactorCleary Gottlieb Steen &Hamilton LLP

New York City

Andrew FalevichFried, Frank, Harris, Shriver& Jacobson LLP

New York City

Stephen L. FeldmanMorrison & Foerster LLPNew York City

Jon G. FinkelsteinMcDermott Will & Emery LLP

Washington, D.C.

David L. ForstFenwick & West LLPMountain View, California

Lynn E. FowlerKilpatrick Stockton LLPAtlanta

David R. FranklinCooley Godward Kronish LLP

New York City

Marc M. FredianiDeloitte Tax LLPMcLean, Virginia

Peter A. FurciDebevoise & Plimpton LLPNew York City

Patrick C. GallagherKirkland & Ellis LLPNew York City

Mark P. GergenUC Berkeley School of LawBerkeley

Craig A. GersonPricewaterhouseCoopersLLP

Washington, D.C.

David B. GoldmanMunger, Tolles & Olson LLPLos Angeles

Jennifer B. GreenKPMG LLPBoston

Seth GreenCaplin & DrysdaleWashington, D.C.

Jeffrey A. GreenblattSkadden, Arps, Slate,Meagher & Flom LLP

Chicago

Christopher R. GrissomBradley, Arant, Rose &White LLP

Birmingham, Alabama

Shaul GrossmanMeitar Liquornik Geva &Leshem Brandwein, Law Offices

Ramat Gan, Israel

Seth HagenRoberts & Holland LLPNew York City

Sigrid J.C. HemelsAllen & Overy LLPAmsterdam, Netherlands

Bobbe HirschBell, Boyd & Lloyd LLCChicago

Victor HollenderSkadden, Arps, Slate,Meagher & Flom LLP

New York City

Robert E. HoloSimpson Thacher & Bartlett LLP

New York City

Robert HonigmanErnst & Young LLPWashington, D.C.

Paul HouseySonnenschein Nath & Rosenthal LLP

New York City

Robert F. Hudson, Jr.Baker & McKenzie LLPMiami, Florida

Peter J. HuntPillsbury Winthrop ShawPittman LLP

New York City

Terril A. HydeWilmer Cutler PickeringHale and Dorr LLP

Washington, D.C.

Monte A. JackelPricewaterhouseCoopersLLP

Washington, D.C.

Jeff JacobsPillsbury Winthrop ShawPittman LLP

Palo Alto

Gary C. KarchMcDermott Will & Emery LLP

Chicago

Adele M. KarigDebevoise & Plimpton LLPNew York City

Michael KarlinKarlin & Peebles, LLPBeverly Hills

Warren P. KeanKennedy, Covington,Lobdell, Hickman LLP

Charlotte

Yoram KeinanGreenberg Traurig, LLPNew York City

Christian E. KimballJenner & Block LLPChicago

Christopher S. KippesInternal Revenue ServiceWashington, D.C.

Steven E. KligDeloitte Tax LLPNew York City

Brian KnieslyFried, Frank, Harris, Shriver& Jacobson LLP

New York City

Steven J. KoliasArnold & Porter LLPWashington, D.C.

Colleen KushnerChapman & Cutler LLPChicago

Brian E. LadinErnst & Young LLPLos Angeles

Stephen B. LandLinklaters, LLPNew York City

Matthew P. LarvickVedder, Price, Kaufman &Kammholz, P.C.

Chicago

Guillermo CanalejoLasarte

Uría MenendezMadrid, Spain

Alan S. LedermanAkerman SenterfittMiami, Florida

Huey-Fun LeeDebevoise & Plimpton LLPNew York City

Mark H. LeedsGreenberg Traurig, LLPNew York City

Summer A. LepreeHolland & Knight LLPMiami, Florida

Leslie H. LoffmanDLA Piper LLP (US)New York City

James H. LokeyKing & Spalding LLPAtlanta

Olga A. LoyMayer Brown LLPChicago

James M. LynchWinston & Strawn LLPChicago

Kimberly Tan MajureMiller & Chevalier CharteredWashington, D.C.

Arthur ManMorrison & Foerster LLPNew York City

Mary Ann ManciniBryan Cave LLPWashington, D.C.

Prof. Elliot ManningUniversity of Miami School of Law

Coral Gables, Florida

Gregory J. MarichErnst & Young LLPWashington, D.C.

Jose G. MartinezUría MenendezMadrid, Spain

John R. MaxfieldHolland & Hart LLPDenver

Gregory MayFreshfields BruckhausDeringer LLP

Washington, D.C.

David W. MayoPaul, Weiss, Rifkind,Wharton & Garrison LLP

New York City

Scot A. McLeanDeloitte Tax LLPSan Francisco

Carlene MillerSnell & Wilmer LLPPhoenix

David A. MillerErnst & Young LLPDallas

Stephen MillsGoodwin Procter LLPNew York City

Glenn E. MinceyDeloitte Tax LLPNew York City

Todd E. MolzOaktree CapitalManagement

Los Angeles

Michael E. MooneyNutter McClennen & Fish LLP

Boston

Erika W. NijenhuisCleary Gottlieb Steen & Hamilton

New York City

Aaron P. NocjarSteptoe & Johnson LLPWashington, D.C.

Richard M. NugentCadwalader, Wickersham & Taft LLP

New York City

Margaret M. O’ConnorErnst & Young LLPWashington, D.C.

Eric E. OmanErnst & Young LLPWashington, D.C.

Sandra FavelukesO’Neill

Ropes & Gray LLPBoston

Shane C. OrrJacobs, Chase, Frick,Kleinkopf & Kelley, LLC

Denver

Edward C. Osterberg, Jr.

Vinson & Elkins LLPHouston

Jeffrey H. ParavanoBaker & Hostetler LLPWashington, D.C.

James M. PeasleeCleary Gottlieb Steen &Hamilton LLP

New York City

Timothy J. PronleyDeloitte Tax LLPMinneapolis

Marjorie A. RollinsonErnst & Young LLPWashington, D.C.

Elena V. RomanovaCleary Gottlieb Steen & Hamilton

New York City

Jeffrey I. RosenbergPricewaterhouseCoopersLLP

Washington, D.C.

Robert P. RothmanAkin Gump StraussHauer & Feld LLP

New York City

Jeffrey L. RubingerHolland & Knight LLPFt. Lauderdale, Florida

Stanley C.Ruchelman

The Ruchelman Law FirmNew York City

Barbara Koosa RyanGrant Thornton LLPColumbia, South Carolina

Tim SandersSkadden, Arps, Slate,Meagher & Flom, LLP

London

Timothy J. SantoliSonnenschein Nath & Rosenthal LLP

New York City

Josh ScalaHearthstone PropertiesLLC

Trussville, Alabama

Robert H.Scarborough

Freshfields BruckhausDeringer LLP

New York City

Joel ScharfsteinFried, Frank, Harris,Shriver & Jacobson LLP

New York City

Michael L. SchlerCravath, Swaine & Moore LLP

New York City

John G. SchmalzPricewaterhouseCoopersLLP

Washington, D.C.

Paul M. SchmidtBaker & Hostetler LLPWashington, D.C.

Willys H. SchneiderKaye Scholer LLPNew York City

Eric B.Sensenbrenner

Skadden, Arps, Slate,Meagher & Flom, LLP

Washington, D.C.

Elizabeth PagelSerebransky

Debevoise & PlimptonLLP

New York City

Susan P. SerotaPillsbury Winthrop ShawPittman LLP

New York City

Jeffrey T. SheffieldKirkland & Ellis LLPChicago

Judd SherDeloitte Tax LLPSan Francisco

Gretchen T. SierraDepartment of the Treasury

Washington, D.C.

Todd SinnettGrant Thornton LLPCharlotte

Kelly W. SmithPricewaterhouseCoopersLLP

Atlanta

Scott SmithBaker, Donelson,Bearman, Caldwell & Berkowitz

Washington, D.C.

Johan (Jay) Soave III

Baker & McKenzie LLPChicago

Samuel P. StarrPricewaterhouseCoopersLLP

Washington, D.C.

David A. SteinWithers Bergman LLPNew York City

Thomas M. StephensSonnenschein Nath &Rosenthal LLP

Chicago

Avery I. StokDeloitte Tax LLPNew York City

Mark StoneHolland & Knight LLPNew York City

Matthew SullivanDeloitte Tax LLPWashington, D.C.

Alan J. TarrLoeb & Loeb LLPNew York City

Jorge G. TenreiroCleary Gottlieb Steen &Hamilton LLP

New York City

William T. ThistleBradley Arant BoultCummings LLP

Birmingham, Alabama

Kevin ThomasonThompson & Knight LLPDallas

Christopher TrumpDeloitte Tax LLPWashington, D.C.

Stefan F. TuckerVenable LLPWashington, D.C.

T. Timothy TuerffDeloitte Tax LLPWashington, D.C.

Suzanne WalshMcKee Nelson LLPWashington, D.C.

Robert S. WaltonBaker & McKenzie LLPChicago

Hershel WeinDewey & Leboeuf LLPNew York City

Romina WeissGibson, Dunn & Crutcher LLP

New York City

William R. WelkeKirkland & Ellis LLPChicago

Daniel C. WhiteBryan Cave LLPSt. Louis

Gary B. WilcoxMorgan, Lewis & Bockius LLP

Washington, D.C.

Richard P. WildDechert LLPPhiladelphia

Jerry S. WillifordGrant Thornton LLPCharlotte

Roger WiseKirkpatrick & LockhartPreston Gates Ellis LLP

Washington, D.C.

Thomas S.Wisialowski

Paul, Hastings, Janofsky& Walker LLP

Palo Alto

Steven N.J.Wlodychak

Ernst & Young LLPLos Angeles

William S. Woods, IIErnst & Young LLPLos Angeles

James E.Wreggelsworth

Davis Wright Tremaine LLP

Seattle

Lowell D. YoderMcDermott Will & Emery LLP

Chicago

Lisa M. ZarlegnaSteptoe & Johnson LLPWashington, D.C.

Chicago Seminar Location: University of Chicago Gleacher Center, 450 N. Cityfront Plaza Drive, Chicago, Illinois 60611. (312) 464-8787.Chicago Hotel Accommodations: Sheraton Chicago Hotel & Towers, 301 East North Water Street, Chicago, Illinois 60611. (312) 464-1000. When calling,mention PLI and the name of the program you are attending. Attendees will have until30 days prior to the program to receive the preferred rate.New York City Seminar Location: PLI New York Center, 810 Seventh Avenue at53rd Street (21st floor), New York, New York 10019. Message Center, program daysonly: (212) 824-5733.New York City Hotel Accommodations: Due to high demand and limited inventory in NYC, we recommend reservinghotel rooms as early as possible. Hilton New York Hotel, 1335 Avenue of the Americas, New York, New York 10019.Reservations (877) NYC-HILT. Please mention you are booking a room under thePractising Law Institute Corporate Rate and the Client File N# is 0495741. You mayalso book reservations online: go to www.pli.edu for this program, click Hilton link tosee preferred rates. Enter requested dates and Practising Law Institute rates will appear.Warwick New York Hotel, 65 West 54th Street, New York, NY 10019. 1 block from PLICenter. Reservations 800-223-4099 or hotel direct 212-247-2700. Please mention thatyou are booking a room under the Practising Law Institute Corporate Rate.Reservations online at www.warwickhotelny.com Click reservations in menu bar onleft. Select desired dates. In “Special Rates” drop down window select CorporateRate. In ”Rate Code” enter PLIN. Click search and select desired room type and rateplan. Or, you may email reservation requests to: res.ny@warwickhotels.comSan Francisco Seminar Location: PLI California Center, 685 Market Street, San Francisco, California 94105. (415) 498-2800.San Francisco Hotel Accommodations: Due to high demand in SF, werecommend reserving hotel rooms as early as possible. The Palace Hotel, 2 New Montgomery Street, San Francisco, California 94105. Call (800) 917-7456 seven days a week from 6:00 a.m. to 12:00 a.m. (PT) andmention you are attending this PLI program at Practising Law Institute to receive the preferred rate. For online reservations, go to www.sfpalace.com/pli to receive thepreferred rate.Payment Policy: Registration fees are due in advance. Attendees may pay by check,Visa, MasterCard, American Express or Diners Club.Cancellations: All cancellations received 3 business days prior to the program will berefunded 100%. If you do not cancel within the allotted time period, payment is due infull. 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