Provides tailored tax solutions for businesses ranging from startups to Fortune 500 companies. Skilled at identifying tax-driven opportunities and solving problems at the intersection of business and a rapidly evolving tax environment. Experience with hundreds of clients across a variety of industries.
Tenley advises clients ranging from individuals and emerging businesses to large corporations on strategies to efficiently and effectively achieve their tax and business planning goals. She counsels clients in a broad range of tax and other corporate needs, including mergers and acquisitions, tax aspects of real estate transactions (including like-kind exchanges and conservation easements), partnership and joint venture formation and taxation, tax controversies, tax-exempt entities, and other tax planning and advice for business entities and individuals.
Represented Therm-x of California, Inc., a manufacturer of temperature sensors, industrial heaters and process control products and systems, in the sale to Backer EHP Inc., a subsidiary of NIBE Industrier AB, a Swedish public company (NIBEb.ST).
Represented NexusTek Holdings, LLC in the sale of its LLC interests to Abry Partners.
Represented Global Employment Solutions, a portfolio company of TZP Group and leading provider of professional staffing services, in its acquisition of the Halo Group, an IT staffing company.
Served as tax counsel to KSE Radio Ventures, LLC, a wholly-owned subsidiary of Kroenke Sports & Entertainment, LLC, in its acquisition of Denver broadcast radio stations KIMN-FM 100.3, KXKL-FM 105.1 and KWOF-FM 92.5 from Wilks Broadcast Group, LLC.
Served as tax counsel to Encore Consumer Capital, LP in the sale of its portfolio company, FreshKO Produce Services, Inc., a distributor of high-quality fresh produce throughout central and northern California, to C&S Wholesale Grocers, Inc., the largest wholesale grocery supply company in the United States.
Counsel to Victory Park Capital Advisors in the sale of its portfolio company, Global Employment Holdings, Inc., to TZP Group.
Represented real estate development firm to obtain a partial IRS concession of a significant charitable contribution deduction disallowance.
Represented individual client in obtaining partial concession by the IRS of “hobby loss” case, in which IRS proposed to completely disallow claimed losses relating to a horse development, training and showing business.
Represented real estate development firm in obtaining a full IRS concession of IRS agent’s determinations that (1) client was a dealer in real property and that gain on client’s land and option sales should be subject to ordinary income treatment as sales of inventory (rather than capital gain on sales of investment assets, as reported), (2) client should not be permitted to offset gain on sales of property with client’s basis in its sold assets, and (3) a sale transaction was tax-motivated, and therefore income from the transaction should be reallocated between two client-affiliated entities without identity of ownership.
Represented EMSC, the leading provider of emergency medical services in the U.S., in the acquisition of Acute Management, LLC, the management services company of Acute Surgical Care Specialists, PLLC. Based in Plano, Texas, Acute Surgical contracts with hospitals to provide trauma, orthopedic and general surgery physician call coverage. Upon completion of the transaction, Acute became a part of EmCare's newly formed surgery services division.
Director, Board of Directors, Denver Philharmonic Orchestra
Former Board Member, Young Lawyers Division Board of the Colorado Lawyers Committee
Treasury Releases Guidance on Business Interest Deduction LimitsBrownstein Client Alert, December 7, 2018
Treasury Releases Guidance on Opportunity ZonesBrownstein Client Alert, October 24, 2018
Circular 230 Practice Standards Apply To In-House Tax and Benefits AttorneysBrownstein Tax Alert, December 6, 2011
Massachusetts Biomanufacturing Roundtable
Speaker, Massachusetts Life Sciences Collaborative, June 9, 2010
Amnesty and Voluntary Disclosure Programs
Co-author, State Business Taxes, Massachusetts, May 2010
State Tax Developments and Trends in the Northeast and Mid-Atlantic Regions
Speaker, Tax Executives Institute, Massachusetts, February 8, 2010
The Fabulous New Substantial Contribution Test Is Made Even More Fabulous
Co-author, Journal of International Taxation, December 2009
Through the Glass [Even More] Darkly: Revisions to the Not-So-Fabulous Branch Rule
Co-author, Journal of International Taxation, May 2009
Massachusetts Life Sciences Initiative Offers Biotech Industry $250 Million in Tax Benefits
Co-author, Practical U.S./Domestic Tax Strategies, October 2008
The Fabulous New ‘Substantial Contribution’ Test
Co-author, Journal of International Taxation, October 2008
Executive Council of the Colorado Bar Association Section of Taxation
Massachusetts Super Lawyer, Rising Star, 2010-2011