Jeremy Babener, J.D., L.L.M.
Jeremy is a nationally recognized tax lawyer who focuses on lawsuit awards, settlements, and complex structures. He regularly writes and speaks on settlement taxation. He also serves on plaintiff committees for the American Bar Association (ABA), the American Association for Justice (AAJ), and the three national settlement planning associations (SSP, AASC, NSSTA).
Advise plaintiffs and plaintiff firms on settlement strategies, maximizing the value of the settlement amount. Vet and create new settlement arrangements.
Advised plaintiffs and plaintiff firms on tax strategies at settlement. Advised financial institutions on the use and creation of settlement arrangements.
Advised on tax issues for Lane Powell’s diverse practice groups, including business, employment, litigation, and bankruptcy. Served as outside general counsel for several client companies.
Advised on tax treatment and tax policy issues arising at settlement. Helped draft regulations for noncompensatory partnership options, exchanges of partnership debt for equity, and other partnership tax issues.
Worked on defenses and settlements for personal injury claims against U.S. departments and agencies, including the U.S. Army, FBI, and VA.
NYU Tax Policy Fellow.
Notes Editor, NYU Journal of Law & Business. Representative, Unemployment Insurance Action Center.
High Honors, Presidential Fellow.
“It’s one thing to shepherd them through the emotional component of the underlying violations, but then to take care of the clients financially on what can be recovered makes a world of difference for them in terms of their own feelings of security. Thank heavens for Jeremy.”
Genie Harrison
Employment and Women’s Rights Lawyer
Jeremy on settlement tax, in the press
Publications
- Structured Settlements & Periodic Payment Judgments (Treatise), Law Journal Press (Contributing Author)
- Increasing Plaintiffs’ Payoff by Pushing Defendants on Taxes, Bloomberg Tax
- A Compliance Primer for Attorneys Outsourcing Legal Work, Law360.com
- Taxes After Lawsuits: A Cryogenic Case Study, Practical Tax Strategies
- Considering Medicare Before Settlement, Montana Bar Association Magazine
- “Other Duties” of Litigators, Montana Bar Association Magazine
- Tax Treatment of Amounts Received for Anticipated Injuries, Lane Powell White Paper
- Death Then Taxes: Anticipating the Taxation of Personal Injury Proceeds, Trusts & Estates
- Maximizing the Medical Care Exception to the Tax on Emotional Distress Damages, Practical Tax Strategies
- Taking Medical Expense Deductions Before and After a Personal Injury Settlement, Practical Tax Strategies
- Expanding the Structured Settlement Tax Exclusion to Reach All Potential Structurers, Tax Notes
- Structured Settlements and Single-Claimant Qualified Settlement Funds: Regulating in Accordance with Structured Settlement History, NYU Journal of Legislation & Public Policy
- How Plaintiffs Might Receive Distress Damages Tax-Free After 2010, North Carolina Lawyers Weekly
- Justifying the Structured Settlement Tax Subsidy, NYU Journal of Law & Business
- Treasury Decides to Pass on Single-Claimant Qualified Settlement Fund Guidance for Now, North Carolina Lawyers Weekly
