Jim is a Member in Stoll Keenon Ogden's Louisville office and has been with the firm since 1988. He is a member of the Tax practice as well as the Trusts, Estates & Family Law practice. He focuses on advising clients on a wide range of tax and business planning matters with particular emphasis on like kind exchanges, business sales and reorganizations, implementation of employee stock ownership plans, transactions involving New Markets Tax Credits, incentive planning, like using opportunity zone funds, all aspects of business start-ups and the facilitation of business succession plans and business divorces. He defends clients in tax, audits, appeals, litigation and Department of Labor investigations.
Jim is AV Preeminent® Peer Review Rated™ by Martindale-Hubbell®, is listed in The Best Lawyers in America® and honored as a Kentucky Super Lawyer for his many legal accomplishments. He helped assemble a team of lawyers to advise clients in employee stock ownership transactions. To date, the team has closed in excess of 60 such transactions. He has also received the Outstanding Volunteer Attorney Award in 2003 and the Louisville Bar Association's Distinguished Service Award in 2002.
Jim is a member of the Louisville, Kentucky and American Bar Associations, as well as The Group Inc., Louisville Employee Benefits Council, the ESOP Association, The National Center for the Employee Ownership and the Small Business Council of America. To give back to the community, he has volunteered with Greater Louisville Inc., is a board member for the Catholic Cemeteries for the Archdiocese of Louisville was a board member of the Lakeside Masters Swim Team and is the Louisville Bar Association's Tax Counsel.
Represented a husband and wife in planning and implementing the reorganization of a multi-million dollar equine business; in the preparation of multi-generation irrevocable trusts for each of the children and the gifting of interests in the equine business on a discounted basis to the trusts; in planning and implementing a multi-million dollar life insurance trust; and in preparing and implementing a beneficiary defective irrevocable dynasty trust.
Successfully defended online travel companies in litigation by three local governments seeking to collect local hotel taxes. Louisville/Jefferson County Metro Govt., Lexington-Fayette Urban County Govt., et al. v. Hotels.com, L.P., et al., 590 F.3d 381 (6th Cir., 2009).
Advised client with respect to like-kind exchanges of multiple properties under Section 1031 of the Internal Revenue Code involving exchange proceeds in excess of $17 million.