McDermott Partner Tom Jones Named One of Most Influential Individuals in Captive Industry

Overview


CHICAGO (December 23, 2016) – Tom Jones, partner in McDermott’s US & International Tax Practice has been named one of the leading individuals in the Captive Review Hall of Fame.

Captive Review has published, for the first time, an industry-wide Hall of Fame recognising the most influential individuals the captive insurance industry has produced, or been served by, over the past 50 years. The thirteen inductees this year are made up of nine Americans, three from the United Kingdom and one from Continental Europe.

Mr. Jones was described as “an invaluable aid to giant multinationals and American domestic companies on all things captive concerning both state and federal tax. He is respected and trusted across the US captive industry. (…) His contribution and commitment across a range of North American and Caribbean domiciles will leave a lasting impact. (…) Mr. Jones has also made the US healthcare industry a particular specialism and has received numerous captive industry awards, including number one on the 2014 Power 50 and the Outstanding Contribution by an Individual award at the US Captive Services Awards in the same year. He also received the 2005 Industry Service Award from VCIA and 2008 Distinguished Service Award from CICA.”

Tom Jones advises clients on federal and state tax, insurance regulatory and legal matters concerning captive insurance and other alternatives to commercial insurance. He counsels multinational corporations, private businesses, taxable and exempt health care providers, trade associations, joint ventures, government instrumentalities, labor unions and enterprises of all types.

He has extensive transactional experience in major US and offshore captive insurance jurisdictions, including Arizona, the District of Columbia, Hawaii, Nevada, South Carolina, Texas and Vermont, as well as Barbados, Bermuda, the British Virgin Islands and the Cayman Islands. A frequent guest speaker at international seminars and conferences, Mr. Jones makes numerous offshore and onshore presentations on captive insurance and related topics.

McDermott Will & Emery’s Tax Practice Group includes more than 250 lawyers practicing in the areas of US and international taxation, estate and gift taxation, state and local taxation, and employee benefits. Among this group of exceptional lawyers is our US & International Tax group, comprised of 100 lawyers in the US, Europe and Asia, who provide counsel in all areas of taxation to a wide range of public and private multinational companies with operations in more than 70 countries. They assist with mergers and acquisitions, domestic and international tax planning, internal restructurings, transfer pricing, controversies, joint ventures, legislative matters and compliance.

McDermott was named “Tax Law Firm of the Year” in the 2016 “Best Law Firms” survey published by U.S. News Media Group and Best Lawyers. This is the second time in four years that the Firm has received this prestigious recognition. McDermott was also named “Law Firm of the Year in Tax Litigation” in 2014, “Law Firm of the Year in Tax Law” in 2013 and “Law Firm of the Year in Employee Benefits” in 2012, all in the Best Law Firms rankings published by U.S. News Media Group and Best Lawyers.

About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,100 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, DC. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.