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Chamberlain Hrdlicka Represented Landmark Industries in the Sale of its Fuel and Convenience Store Network to Shell

July 20, 2022

Hobbs Gnaim led the Chamberlain Hrdlicka Team that represented Landmark Industries

Chamberlain Hrdlicka's Tax Planning & Business Transactions Group, led by Habeeb ‘Hobbs’ Gnaim, represented Landmark Industries (Landmark) in completing its sale of certain fuel & convenience retail sites (operating as Timewise) to Shell Retail & Convenience Operations LLC., a wholly owned subsidiary of Shell Oil Products US (Shell).

Landmark is a long-time client of Habeeb ‘Hobbs’ Gnaim, Shareholder in the Firm, who serves as the Practice Chair of the firm's Tax Planning & Business Transactions Group. He focuses his practice on tax and corporate matters and has significant experience in all aspects of structuring, negotiating and implementing business acquisitions and dispositions, corporate reorganizations, mergers, conversions, recapitalizations, deferred recognition transactions, admissions of and providing equity incentives for management and key employees, as well as choice of entity considerations, and state tax planning.

The transaction between Landmark and Shell was supported by the legal team led by Habeeb ‘Hobbs’ Gnaim, with the assistance of David Pierson, shareholder, and Michael Overstreet, senior associate.

Chamberlain Hrdlicka’s Tax Planning & Business Transactions practice helps clients understand the byzantine world of tax law and utilizes that highly specialized tax knowledge to clients’ best advantage when doing business transactions.  The practice advises clients with transactions in order to maximize tax benefits - and avoid tax disasters. Whether the transactions are related to a business or involves a personal investment, the Tax Planning & Business Transactions team can help structure and carry out transactions in order to achieve the best corporate results under federal, state, local and international tax laws.