Dave Levy, a partner at Skadden Arps, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
Levy discussed the impact of restrictions imposed by the Protecting Americans from Tax Hikes (PATH) Act of 2015 on tax-free spinoffs of REIT assets. According to Levy, the spinoff trend that occurred prior to the PATH Act suffered from a “perception problem” in the media.
