About Clay
Clay A. Littlefield: Leading Tax Counsel for Structured Finance Transactions
Clay A. Littlefield is a seasoned legal expert specializing in complex tax matters within the highly specialized realm of structured finance. Based out of the firm’s strategic locations in Charlotte and New York, Mr. Littlefield provides invaluable counsel to underwriters, issuers, and investors involved in sophisticated transactions – including mortgage and asset-backed securitizations, REMICs, CLOs, REITs, and similar structures. He is a recognized leader in navigating the intricate legal and tax landscapes surrounding these instruments, offering strategic guidance to mitigate risk and optimize financial outcomes.
Mr. Littlefield’s deep expertise stems from his extensive experience as a partner at Alston & Bird and previously as an attorney with the Internal Revenue Service’s Office of Associate Chief Counsel, Division of Financial Institutions and Products. During his time with the IRS, he played a crucial role in the review and implementation of special tax laws applicable to banks and other financial institutions, ensuring compliance and addressing complex challenges related to structured finance, securitization transactions, hedging arrangements, and financial derivatives.
His practice encompasses a broad range of services, including advising financial institutions on the **legal and tax aspects of structuring alternatives** and investment product proposals. He provides critical **legal counsel** to U.S. and foreign clients across a diverse portfolio of transactions, including mergers and acquisitions, distressed asset arrangements, and real estate and corporate finance matters. Mr. Littlefield's proactive approach and understanding of market dynamics allow him to anticipate and address potential issues before they arise, safeguarding his clients’ interests. He skillfully navigates the complexities of international tax law, facilitating cross-border transactions with confidence and precision.
Mr. Littlefield’s proficiency extends to providing in-depth analysis of **transactional structures**, offering tailored solutions that align with clients’ strategic objectives. He demonstrates a particular strength in resolving tax disputes and developing strategies to maximize tax efficiency while ensuring full compliance with regulations. His experience with **distressed asset arrangements** allows him to effectively represent clients facing challenging financial situations. Furthermore, his knowledge of **real estate and corporate finance issues** provides a holistic perspective on complex transactions, ensuring comprehensive legal support.
Beyond his expertise in structured finance, Mr. Littlefield possesses a strong understanding of general corporate law, including mergers and acquisitions, providing a well-rounded approach to his clients’ legal needs. He is committed to building long-term relationships based on trust, transparency, and a deep understanding of his clients’ businesses. His detailed knowledge of tax regulations coupled with his significant experience within the financial sector make him a highly sought-after **legal counsel** for both domestic and international clients.
Mr. Littlefield's commitment to providing exceptional legal services is reflected in his recognition as a leading attorney within the field, consistently appearing on the Best Attorney USA list since 2018. His work is characterized by meticulous attention to detail, strategic thinking, and a relentless pursuit of favorable outcomes for his clients.
Practice Areas
- Federal and International Tax Law
- Structured Finance Transactions
- Mortgage-Backed Securities
- Asset-Backed Securities
- REMICs
- CLOs
- REITs
- Mergers and Acquisitions
- Distressed Asset Arrangements
- Real Estate Finance
- Corporate Finance
Education & Credentials
- Recognized: Tax Law
- Recognized Since: Recognized in Best Attorney USA since 2018
- Specialized Expertise: Extensive experience with banks and financial institutions, including structured finance, securitization transactions, hedging arrangements, and financial derivatives.
Affiliations
Mr. Littlefield’s dedication to the legal profession is underscored by his ongoing commitment to professional development and engagement within the legal community.
City, State & Country
Charlotte, North Carolina, United States
