Kendal’s practice focuses on the federal income tax aspects of asset securitization and other capital markets transactions.
Kendal has experience in the representation of REMICs, REITs, publicly traded partnerships and other pass-through entities. Kendal has represented issuers, underwriters, servicers and guarantors in various aspects of federal income tax structuring of asset securitization and other capital markets transactions.
Before joining the firm, Kendal was a law clerk for the Honorable Karen J. Williams, U.S. Court of Appeals for the Fourth Circuit (2002-2004), and was a certified public accountant (1999).
- Represented issuers and underwriters concerning tax issues in private and public mortgage-backed and asset-backed security and debt offerings, including the representation of United States government agencies in mortgage loan securitization transactions.
- Tax structuring, evaluation and representation of various securitization, resecuritization, grantor trust and fund transactions including issues regarding real estate assets, distressed assets, US trade or business and US withholding.
- Represented issuers and lenders concerning tax issues in financing of servicer advance receivables.
- Counsel clients generally on the federal income tax aspects of restructurings and debt workouts.
- Represented issuers and underwriters in connection with securitized debt offerings and public and private offerings of common and preferred stock by REITs, including trust preferred offerings.
- Represented issuers in equity and debt offerings by publicly traded partnerships.
- Advise clients regarding Section 382 issues.
- Represented sponsors in low-income housing tax credit and historic rehabilitation tax credit transactions, including both single property investments and multiproperty funds.