Todd is the practice group leader of Foster Swift’s Business and Corporate Practice Group. He works primarily in the law firm's Grand Rapids office and his areas of practice include:
Todd credits the business law concentration of his undergraduate engineering degree for providing him the ability to communicate effectively with clients regarding complex technical issues they encounter in addressing their legal needs.
U.S. District Court for the Western District of Michigan
U.S. District Court for the Eastern District of Michigan
U.S. Tax Court
U.S. Court of Federal Claims
— Representative Matters
- An agricultural marketing cooperative wanted to expand services to its members by building a food processing facility. A team of Foster Swift attorneys assisted the client in the acquisition of a former automotive manufacturing plant, and in structuring a complex financing arrangement that includes Michigan Economic Development Corporation bond financing and commercial bank loans and private equity financing to construct the facility. Todd was involved in all aspects of the financing transactions and in the construction process. Todd assisted the client in a private offering of securities that is exempt from registration under State and federal securities laws to partially fund the project.
- A nonprofit housing authority discovered it had never received IRS recognition of its tax-exempt status. Todd helped this client obtain exempt recognition retroactive to 1977.
- The younger members of a family wanted to acquire an agricultural manufacturing business from the prior generation. The business had approximately $20 million in annual sales. Todd helped with the negotiations, documentation and closing of the transaction.
- A physician failed to file federal and state income tax returns for more than seven years in connection with an IRS audit and was assessed federal income tax on approximately $13 million of estimated income. Todd ultimately obtained substantial federal income tax refunds and a waiver of state penalties for failing to file tax returns.