C. GLENN DUNAWAY and Charles C. Connors have left employee benefits and tax firm Mazursky & Dunaway, which Dunaway co-founded in 1994, for Powell Goldstein’s timber practice, where they are partners. Mazursky & Dunaway has become Mazursky Constantine. Dunaway said he and Connor have become very focused on timberland transactions, explaining that the majority of investment in timberland comes from pension funds and that there are specific tax rules for pension investments in timber. “Increasingly, those transactions are international in scope and it’s really hard to carry out international transactions in a small firm,” he said.
Dunaway said he had worked with Stephen B. Schrock, who heads Powell Goldstein’s timber practice, at Jones Day and since then they have often worked on timber deals together for the same clients. For instance, the two worked on a $230 million timber transaction for Wachovia Timberland Investment Management Group now part of RMK Timberland Group in 2002, when Wachovia Timberland bought 265,000 acres of timberland from Bowater Inc.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
