Latham & Watkins Llp: Kronsnoble Joseph M

For local users in Chicago, IL, who are seeking highly specialized legal expertise, particularly in complex tax and corporate transactional matters, Joseph M. Kronsnoble of Latham & Watkins LLP stands as a prominent figure within the "Nearby Lawyers" category. Based at the firm's Chicago office at 330 N Wabash Ave #2800, Chicago, IL 60611, USA, Mr. Kronsnoble's practice is integral to one of the world's leading global law firms, renowned for its sophisticated legal services.

Latham & Watkins LLP's Chicago office is strategically located in a high-rise building at 330 North Wabash Avenue. This address signifies a prestigious and central position within downtown Chicago's financial and business district. The office environment of a firm of Latham & Watkins' global stature is characterized by its cutting-edge infrastructure, professional and discreet meeting spaces, and a highly skilled support staff. Such a setting is meticulously designed to facilitate complex, high-value legal work, providing an optimal environment for discussing sensitive corporate, tax, and financial matters. The central location offers superior accessibility, whether by public transportation or via the city's main thoroughfares, catering to a diverse clientele ranging from multinational corporations to private equity firms and financial institutions. The overall ambiance of the office reflects the firm's commitment to excellence and its capacity to handle legal challenges of significant scale and complexity.

Joseph M. Kronsnoble, a former Global Chair of Latham & Watkins' Transactional Tax Practice, draws on over three decades of experience to represent a wide array of clients. His core expertise lies in complex tax issues related to large-scale corporate transactions and financial instruments. His key service areas include:

• Transactional Tax Law: Mr. Kronsnoble advises public and privately owned companies and buy-out firms on the tax implications of various corporate transactions. This includes:
  • Mergers and Acquisitions (M&A): Handling both tax-free and taxable M&A deals, including leveraged buyouts.
  • Spin-offs: Advising on the tax aspects of corporate spin-offs.
  • Cross-border Investments, Dispositions, and Combinations: Providing counsel on the international tax implications of complex global transactions.
• Restructuring and Bankruptcy: He advises both US and foreign debtors and creditors in bankruptcy reorganizations and debt restructurings, both within and outside of formal bankruptcy proceedings. This critical area involves navigating complex financial distress and seeking optimal tax-efficient solutions for financially challenged entities.
• Capital Markets and Financial Instruments: Mr. Kronsnoble represents US and foreign issuers and underwriters in a variety of financial instrument issuances, including:
  • Stock and Debt Offerings.
  • Securitizations.
  • Structured Finance, Derivatives, and Structured Products.
• Tax Controversy and Audit Matters: He represents taxpayers in audit and controversy matters with the IRS and state taxing authorities, including obtaining private letter rulings from the IRS. This involves dispute resolution with tax authorities to achieve favorable outcomes for clients.
• Tax-Exempt Organizations: Mr. Kronsnoble also helps tax-exempt clients with tax and corporate issues, including entity formations, mergers, dissolutions, board governance, and tax audits.

His comprehensive approach to tax law ensures that clients receive integrated advice that addresses not only the immediate legal aspects of their transactions but also their long-term financial and tax implications.

Joseph M. Kronsnoble's practice is distinguished by several key features:

• Deep Tax Expertise: With over three decades of experience in transactional tax, Mr. Kronsnoble possesses a profound understanding of the intricacies of tax law as it applies to complex corporate and financial structures. His background as a former accountant with Price Waterhouse and his licenses as a certified public accountant and certified financial planner further bolster his comprehensive financial acumen.
• Strategic and Proactive Counsel: Clients and peers describe him as "very level-headed, and has a sensible, rational approach," and capable of seeing "five steps ahead," and "knows what coming around the corner." This highlights his strategic foresight and ability to anticipate and proactively address potential tax issues in complex transactions.
• Responsiveness: He is noted for being "very responsive," a crucial quality for high-stakes corporate and financial transactions where timely advice can be critical.
• Recognized Leader in the Field: Mr. Kronsnoble has been consistently recognized as a "Leading Lawyer" in US Taxes: Non-Contentious by The Legal 500 US and as a leading tax lawyer in Chambers USA. He has also been named to Turnarounds & Workouts' list of Bankruptcy Tax Specialists in the Nation's Major Law Firms multiple times, underscoring his high standing among legal professionals. He has been selected to Super Lawyers for Tax: Business for multiple years (2012-2025).
• Thought Leadership: Mr. Kronsnoble is actively involved in the legal and tax community, serving as Co-Chair of the Federal Tax Institute Planning Committee and frequently speaking at tax conferences and writing for legal and financial publications.

As a whole, Latham & Watkins LLP, the firm where Mr. Kronsnoble practices, offers:

• Global Integrated Platform: The firm operates as a single, integrated global partnership, providing seamless advice on cross-border transactions and international tax issues.
• Breadth and Depth of Expertise: Latham & Watkins houses a vast team of top-ranked lawyers across various disciplines, allowing for a multidisciplinary approach to complex client needs, including robust corporate, finance, and litigation practices.
• Industry-Specific Knowledge: The firm advises clients across a wide range of industries, including energy, life sciences, technology, and financial institutions, providing tailored legal and tax solutions.

The primary promotional message for Joseph M. Kronsnoble and Latham & Watkins LLP is their unparalleled expertise and leading position in complex tax and corporate transactional law. Mr. Kronsnoble's extensive experience, high-level accolades, and peer recognition are central to this promotion. The firm's global presence and its consistent recognition as "Tax Group of the Year" by publications like Law360 further solidify their reputation for market-leading transactional tax and tax controversy work.

The direct phone numbers, (312) 876-7700 and +1 312-876-7700 (mobile), connect potential clients directly to the Chicago office. The firm's comprehensive website (lw.com) serves as an essential promotional tool, providing detailed insights into Mr. Kronsnoble's profile, the firm's extensive tax practice, its global capabilities, and a wealth of legal insights and news. For local users in Chicago, IL, searching for legal counsel within the "Nearby Lawyers" category, Joseph M. Kronsnoble at Latham & Watkins LLP represents a top-tier choice for navigating intricate tax planning, M&A, and restructuring challenges, offering world-class expertise and strategic advice.