Allen S. Braddock

Allen Braddock is an associate in Pierce Atwood’s Tax Practice Group. Allen provides tax counseling to private and public clients on highly complex business transactions. In particular, he assists clients in structuring merger and acquisition (M&A) transactions to achieve the most economic and tax efficient results. He also advises clients on highly structured financing transactions that utilize one or multiple forms of financing. This includes transactions utilizing equity financing and/or tax and economic incentives, including energy tax credits, new markets tax credits, opportunity zone incentives, and historic rehabilitation tax credits.

Prior to joining Pierce Atwood, Allen served as a senior tax attorney for Exxon Mobil Corporation in Houston, where he provided legal counsel to ExxonMobil’s renewable business line on state and federal renewable energy credits, and he regularly participated in negotiations with state governments to reduce or drop multimillion dollar tax assessments against the company.

Before that, Allen was an associate in the Houston office of Sidley Austin LLP, where he drafted tax and environmental provisions to merger, asset purchase, credit, lease, and ISDA agreements, and conducted environmental due diligence.

During law school, Allen won the International & European Tax Moot Court Competition and also served as a summer law clerk at Sun Tribe Solar LLC in Charlottesville, Virginia where he supported the business in drafting various agreements.

Publications

Practice Areas

Representative Experience
  • Provided tax counseling to numerous clients on the availability of renewable energy tax credits
  • Represented Great Bay Renewables in connection with $30 million royalty investment in Nokomis Energy
  • Represented Great Bay Renewables in connection with a $40 million bridge loan to Nova Clean Energy
  • Represented Great Bay Renewables in the making of loans and other credit support for the posting of interconnection deposits in MISO and PJM, for various developers, including Hexagon Energy
Representative Experience
  • Represented a manufacturing company in its $125 million sale to a middle-market private equity firm
Representative Experience
  • Represented Baxter Academy for Technology and Science in its unwind of a multimillion dollar new markets tax credit transaction that financed the expansion of the charter school
  • Represented Downeast Institute for Applied Marine Research and Education in its unwind of a multimillion dollar new markets tax credit transaction that financed the expansion of the marine research institute
  • Represented CEI-Boulos in connection with the formation of a $50 million qualified opportunity fund, including the making of three investments eligible for Community Reinvestment Act credits