November 07, 2012

Law360 quotes Chuck Morton on private equity tax increases

1 min

Venable partner Chuck Morton was quoted in a November 6, 2012 Law360 article on the lame duck Congress’ plans to address the potential tax increase impacting private equity. In coming weeks, Congress will need to address so-called fiscal cliff which includes tax increases and spending cuts which some attorneys say could dampen deal flow and hurt investor confidence.

Commenting on what is ahead for the lame duck Congress following the election, Morton said, “On Wednesday morning, the most pressing issue isn't what happens over the next four years; it's what happens over the next eight weeks.” Added Morton, “There are certainly things that private equity cares about in the long run ... but those will be informed by what happens now.”