Tax,
Letters
Jul. 19, 2022
Taxing confidentiality in settlements, another view
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
I read with interest David I. Brown's "Tax Consequences of Confidentiality and Non-Disparagement Clauses in Personal Injury Cases in the Mediation Context: A Practicum," Daily Journal, July 14, 2022, #1197. He is right that it is always wise in mediation - and with legal settlement agreements negotiated in any context - to think about the tax issues as you negotiate and before you sign. But I have a different view of the seriousness of the tax threat of confidentialit...
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