Edward G. Ptaszek Jr.

Partner

Cleveland
T +1.216.861.7497
F +1.216.696.0740

Overview

Ed Ptaszek has substantial experience working closely with clients on a broad variety of business planning, structuring and operating matters, with a particular emphasis on tax planning for corporations, partnerships, joint ventures and limited liability companies.

He has represented publicly and privately owned enterprises in a variety of industries, including real estate development firms, construction companies, manufacturing concerns, communications companies and a Major League Baseball team, with respect to merger and acquisition planning as well as ongoing, day-to-day advice and counsel – frequently serving as general counsel and special adviser for particular matters. Ed has extensive experience in planning for joint ventures between major enterprises, real estate development and business formation, and in the tax aspects of securitized asset-backed financing and tax-exempt financing.

Ed was the chief financial officer of a closely held business enterprise before attending law school. While attending law school, he was employed in the national tax department of one of the major national accounting firms. Ed has been active in the Tax Section of the American Bar Association and is a member of the General Tax Committee of the Ohio State Bar Association and the Tax Section of the Cleveland Metropolitan Bar Association. He has participated as a lecturer for various programs sponsored by the National Institute on Real Estate Taxation; New York University Continuing Education Programs; the American, Columbus and Cleveland Metropolitan bar associations; the Ohio Legal Center; and the Greater Cleveland Growth Association, and he has written articles published in national legal and accounting publications.

Select Experience

  • Has represented various entities and their owners in connection with both the acquisition and disposition of substantial business enterprises, and has counseled clients regarding the transfer of control and value of closely held business interests from generation to generation. 
  • Has successfully represented clients in administrative proceedings before the IRS.
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Experience

  • Has represented various entities and their owners in connection with both the acquisition and disposition of substantial business enterprises, and has counseled clients regarding the transfer of control and value of closely held business interests from generation to generation. 
  • Has successfully represented clients in administrative proceedings before the IRS.
  • Has advised specialized entities with respect to federal and state taxation matters, including real estate investment trusts (REITs), publicly traded oil and gas partnerships, and the issuers of tax-exempt bonds. 
  • Counsels clients on an ongoing basis in connection with a vast array of business and tax-related issues. He has been involved in the formation of several REITs, including their initial public formation and initial public offerings. In addition, he was actively involved in the initial public offering of the only Major League Baseball team to be publicly owned.

Recognitions and Memberships

Recognitions

  • The Legal 500 United States (2019)
    • Recommended in U.S. Taxes: Non-contentious
  • Acritas Star (2016)
  • The Best Lawyers in America® (1995 to Present)
    • Ohio: Corporate Law
    • Ohio: Tax Law
  • Martindale-Hubbell: AV Preeminent
  • Ohio "Super Lawyers" (2004 to 2006, 2008 to 2012)

Admissions

  • U.S. Tax Court
  • Ohio

Education

  • J.D., Case Western Reserve University School of Law, 1978
  • B.A., Bowling Green State University, 1972