Micah Bloomfield is a trusted advisor to insurance companies, funds, investment banks and creditor groups. His practice focuses on the taxation of financial products, including reinsurance transactions, derivatives, asset-backed securities, real estate investment trusts and structured notes.
He has extensive experience with cross-border tax treaties and the tax aspects of modified coinsurance, hedge funds, private equity funds and funds-withheld reinsurance transactions, including those based on regulation XXX, segregated accounts and bankruptcy reorganizations.
In addition, clients turn to Micah for advice on complicated financial laws and regulations at all levels. Representative matters range from assisting private equity funds in forming 953(d) insurance companies, to advising insurance companies and funds on FATCA compliance.
Micah is an active member of ISDA’s tax committee and frequently comments on proposed Treasury regulations. He has been recognized by Best Lawyers and Super Lawyers, and as one of The Legal 500’s Leading Lawyers.
Micah’s pro bono contributions include helping a synagogue navigate the complexities of applying for Homeland Security grants.
Representative Matters:
- Two private equity funds in forming 953(d) insurance companies in Bermuda
- Tax work setting up real estate funds to invest in India
- Insurance companies and funds on FATCA compliance
- Clients in negotiating tax provisions in documentation for letters of credit, loans and derivatives
- Funds regarding the use of favorable treaty provisions for investing in life settlements
- Investor regarding tax exempt financing for a recycling project
- Creditor groups in bankruptcy and out-of-court settlements
LL.M., New York University School of Law, 1985; Tax
J.D., cum laude, Harvard Law School, 1978
A.B., cum laude, Harvard University, 1975
