Attorneys

Attorneys

Jeremy Babener

Special Tax Counsel | Portland | 503.778.2140 | babenerj@lanepowell.com

Babener, Jeremy

Babener, Jeremy

Special Tax Counsel
Portland
503.778.2140
babenerj@lanepowell.com

Areas of Practice

Jeremy Babener serves as General Counsel to two affiliated clients of Lane Powell: Multistream Capital and Yellowbrick, Inc. Together, the two companies manage an investment fund that acquires and markets structured settlement income streams. Jeremy also serves as Special Tax Counsel at Lane Powell, working on Lane Powell client matters on an as-needed basis. In recent years, Jeremy served as an active member of the Lane Powell Tax Practice Group.

Jeremy is a nationally recognized expert on the use of structured settlements and the taxation of damages, and regularly speaks and writes on these issues. He serves as a Board Member and Chair of the Legal Committee of the Society of Settlement Planners.

Prior to his work at Lane Powell, Jeremy served as a Tax Policy Fellow in the U.S. Treasury Department’s Office of Tax Policy, focusing on partnership tax issues including noncompensatory partnership options and debt-equity exchanges.

Professional Experience

  • U.S. Treasury Department, Office of Tax Policy, Tax Policy Fellow (2010)
  • U.S. Department of Justice, Federal Tort Claims Act Litigation Section, Law Clerk (2008)
  • Unemployment Action Center, New York University School of Law, Student Advocate (2007-2010)
  • The Brookings Institution, Intern (2006)

Admitted to Practice

  • Oregon
  • U.S. District Court, District of Oregon
  • U.S. Tax Court

Academics and Accreditations

  • New York University School of Law (LL.M., Taxation, 2011)
    • Tax Policy Fellow
  • New York University School of Law (J.D., 2010)
    • Journal of Law and Business, Notes Editor
    • Unemployment Action Center, Board Member/Advising Coordinator
  • Haverford College (B.A., Political Science, with high honors, 2007)
    • Presidential Fellow at the Center for the Study of the Presidency
    • Best Thesis in Political Science Award
    • Honor Council, Class Representative
  • Oxford University (2005-2006)
    • Oxford Debating Society, Member
  • Legal Lean Sigma® and Project Management — Yellow Belt Certification

Publications

  • “New Tax Guidance on Wrongful Imprisonment Damages,” Lane Powell White Paper, Co-author (June 30, 2016)
  • “Retroactive Tax Law Provides Tax Benefits for Victims of Wrongful Incarceration,” Lane Powell White Paper, Co-author (February 11, 2016)
  • “Recent Tax Court Decision Addresses the Tax Treatment of Amounts Received for Anticipated Injuries,” Lane Powell White Paper (January 26, 2015)
  • “Beyond Cash: Using Equity to Incentivize Employees,” Puget Sound Business Journal Startups and Emerging Companies: Kick-start Your New Year Special Insert, Co-author (October 31, 2014)
  • “A Tax Incentive for Oregon’s Artists to Donate Their Work,” Lane Powell White Paper (October 15, 2014)
  • “How Oregon Taxes Its Visiting Workforce,” Oregon State Bar Association’s Taxation newsletter (Spring 2014)
  • “Reconstructing Oregon’s Frankentax: Improving the Equity, Financial Sustainability, and Efficiency of Property Taxes,” Portland City Club property tax report, Committee Member (November 15, 2013)
  • “Three Common Questions Asked by Advisors of Non-Filing Taxpayers,” outline for Oregon Law Institute CLE: Civil Discovery and White-Collar Criminal Investigations (October 25, 2013)
  • “Tax Considerations in Personal Injury Settlements,” Special Needs Alliance blog (June 3, 2013)
  • “Recent U.S. Tax Court Decision Highlights Issues Regarding the Tax Treatment of Damages for Stress-Induced Physical Ailments,” Practical Tax Strategies (September 2012)
  • “Death Then Taxes: Anticipating the Taxation of Personal Injury Proceeds at Victim’s Death,” Trusts & Estates magazine (March 2011)
  • “Maximizing the Medical Care Exception to the Tax on Emotional Distress Damages,” Practical Tax Strategies (September 2010)
  • “Taking Medical Expense Deductions Before and After a Personal Injury Settlement,” Practical Tax Strategies (August 2010)
  • “Expanding the Structured Settlement Tax Exclusion to Reach All Potential Structurers,” Tax Notes (April 2010)
  • “Structured Settlements and Single-Claimant Qualified Settlement Funds:  Regulating in Accordance With Structured Settlement History,” NYU Journal of Legislation & Public Policy (March 2010)
  • “How Plaintiffs Might Receive Emotional Distress Damages Tax-Free After 2010,” North Carolina Lawyers Weekly (March 2010)
  • “Justifying the Structured Settlement Tax Subsidy: The Use of Lump Sum Settlements Monies,” NYU Journal of Law & Business (December 2009)
  • “Treasury Decides to Pass on Single-Claimant Qualified Settlement Fund Guidance for Now,” North Carolina Lawyers Weekly (December 2009)

Speaking Engagements

  • “Tax Issues at Settlement,” Oregon State Bar, Broadbrush Taxation: Tax Law for the Nonspecialist, Portland (October, 2015)
  • “Business Planning,” Seminar by the Multnomah Bar Association Young Lawyers Section Entrepreneur Acadamy, Co-Presenter, Portland (March 10, 2015)
  • “The Basics of Nonprofit Formation for Creative Businesses,” Seminar by the Oregon Volunteer Lawyers for the Arts, Co-presenter, Portland (January 20, 2015)
  • “Beyond Cash: Using Equity to Reward Your Employees,” Lane Powell’s First Annual Startups and Emerging Companies Seminar, Co-presenter, Seattle (December 4, 2014)
  • “Tax Issues Raised by the Use of Foreign Assignment Companies in Structured Settlements” Qualified Settlement Funds Symposium (November 2014)
  • “How Oregon Taxes Its Visiting Workforce,” Oregon State Bar Taxation Section’s New Tax Lawyers Committee CLE Series, Portland (April 2014)
  • “Tax Issues in Personal Injury and Employment Cases,” Society of Settlement Planner’s Annual Conference, New Orleans (April 2014)
  • “Raising Funds Through Crowdfunding,”  Oregon Small Business Development Center Director’s Quarterly Meeting (November 2013)
  • “You’ve Heard It May Be Taxable, But Is It?” Annual Conference of the Society of Settlement Planners, Las Vegas (May 2013)
  • “Common Tax Issues in Personal Injury Cases,” Oregon Trial Lawyers’ Association, New Lawyer Power Hour, Portland (April 2013)
  • “Are They Really Independent Contractors? Enforcement Trends and ‘Best Practices’ to Avoid the Wrath of the IRS and BOLI,” Lane Powell’s 30th Annual Labor and Employment Seminar, Portland (April 2013)
  • “The Taxation of Personal Injury Damages,” New Lawyers’ Division CLE, San Francisco Trial Lawyers’ Association, New Lawyers Division, Lake Tahoe (February 2013)
  • “QSF Taxation: Filing, Payments, Withholding and Reporting,” First Annual Qualified Settlement Fund Symposium, Memphis, Tenn. (September 2012)
  • “Drafting Settlement Agreements to Reduce the Likelihood of IRS Challenge,” Society of Settlement Planners Annual Educational Seminar, Las Vegas (April 2012)
  • “Taxation in Personal Injury Cases,” University of Tulsa College of Law Richard B. Risk Jr. Practicum, Tulsa (April, 2012)
  • “Settlement Taxation: Planning for Medical Expenses and Death,” Annual Conference of the Society of Settlement Planners, Las Vegas (May 2011)
  • “Factoring in a World of Taxation,” Annual Conference of the National Association of Settlement Purchasers, Las Vegas (November 2010)
  • “Panel on Discharge of Indebtedness Deferral Regulations,” Meeting of the Pass-Throughs and Real Estate Committee, D.C. Bar Tax Section, Washington, D.C. (September 2010)
  • “Justifying the Structured Settlement Tax Subsidy and Expanding Its Application,” Annual Conference of the Society of Settlement Planners, Washington, D.C. (May 2010)
  • “Factoring and the Structured Settlement Tax Subsidy,” Annual Conference of the National Association of Settlement Purchasers, Las Vegas (November 2009)

Professional and Community Activities

  • Oregon State Bar
    • Member, Executive Committee, Tax Section
    • Member, Newsletter Committee, Tax Section
  • Society of Settlement Planners
    • Chair, Legal Committee (2013-present)
    • Board Member (2014-present)
  • Portland Tax Forum
    • Board Member (2013-present)

Jeremy Babener

Special Tax Counsel | Portland | 503.778.2140 | babenerj@lanepowell.com

Date
06.30.2016
02.11.2016
01.26.2015
11.05.2014
10.22.2014
04.08.2014
10.30.2013
06.10.2013
07.19.2012
04.01.2011
11.29.2010
11.08.2010
04.19.2010
04.01.2010
03.08.2010
12.14.2009
12.01.2009