December 25, 2014 8:50 AM ET

Professional Services

Company Overview of Buchanan, Ingersoll & Rooney PC

Company Overview

Buchanan Ingersoll PC is an international law firm serving individuals and corporations. Its areas of practice areas include commercial litigation, taxation, government relations, family law, labor and employment law, European law, and intellectual property. The firm was founded in 1850 and is headquartered in Pittsburgh, Pennsylvania with additional offices in Harrisburg, Philadelphia, New York City, Buffalo, Miami, Aventura, Tampa, Princeton, Wilmington, San Diego, and Cleveland.

301 Grant Street

One Oxford Centre

20th Floor

Pittsburgh, PA 15219-1410

United States

Founded in 1850

Phone:

412-562-8800

Fax:

412-562-1041

Key Executives for Buchanan, Ingersoll & Rooney PC

Chairman of The Board
Chief Financial Officer
Director of Federal Procurement
Shareholder and Director
Compensation as of Fiscal Year 2014.

Buchanan, Ingersoll & Rooney PC Key Developments

Buchanan, Ingersoll & Rooney PC Appoints Susan Yohe as Chief Diversity Officer and Inclusion Officer

Buchanan Ingersoll & Rooney PC announced that Susan Yohe has been appointed to the newly created post of chief diversity and inclusion officer. Yohe will lead in the support, education and implementation of all internal and external initiatives to promote diversity and inclusion in the workplace. She is a former managing shareholder of Buchanan Ingersoll's Pittsburgh office.

Buchanan, Ingersoll & Rooney PC Presents at BioPharm Insight Healthcare Forum, Oct-29-2014 02:45 PM

Buchanan, Ingersoll & Rooney PC Presents at BioPharm Insight Healthcare Forum, Oct-29-2014 02:45 PM. Venue: Apella, Event Space at Alexandria Center, 450 East 29th Street (between 1st Ave and the East River in the Alexandria Center), 2nd Floor, New York, NY 10016, United States. Speakers: Linda Pissott Reig, Shareholder.

Virgin Islands Sues Buchanan Ingersoll & Rooney and Bank of America over 2006 Bonds

The Government of the Virgin Islands and the Virgin Islands Public Finance Authority filed a lawsuit in the week against their former bond counsel and financial advisor, alleging they were negligent when they advised that $219.49 million of bonds issued in 2006 would be tax exempt. The Internal Revenue Service found in an audit that there was an over-issuance of the 2006 bonds because some of the proceeds were used to refund some 1999 bonds issued for working capital and the authority had already committed to redeem the 1999 bonds with surplus revenues each year from 2005 to 2009. The authority never redeemed any of the bonds, violating its covenant. The IRS also found that the 2006 bonds, which were issued based on the conclusion that the government was suffering an ongoing deficit, should not have been tax-exempt because the government had a cash surplus, according to the complaint. After negotiations, the IRS said that $80 million of the 2006 bonds should not have been issued as tax-exempt. The PFA and the GVI paid $13.6 million to settle the tax dispute and maintain the tax-exempt status of the bonds. The lawsuit names as defendants bond counsel Buchanan Ingersoll & Rooney PC and financial advisor Bank of America and related entities collectively referred to as "BoA." It also names as defendants "Does 1-10" who are employees of the other defendants that have not yet been identified, and "XYZ Corporations 1-10," which are other companies involved in the bond issuance that have yet to be identified. All of the defendants are being sued in U.S. District Court of the Virgin Islands for negligence. Additionally, Buchanan and BoA are being sued for breach of fiduciary duty and breach of contract. Buchanan is also being sued for legal malpractice. The plaintiffs are seeking a jury trial and are asking the court to award them compensatory and punitive damages, prejudgment interest and attorneys' fees and costs.

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