Oldak, J. Tenley

Tenley Oldak advises clients ranging from individuals and emerging businesses to Fortune 500 companies on strategies to efficiently and effectively achieve their tax and business planning goals. Tenley counsels clients in a broad range of tax and other corporate needs, including mergers and acquisitions, tax aspects of real estate transactions (including like-kind exchanges), partnership and joint venture formation and taxation, tax controversies, tax-exempt entities, and other tax planning and advice for business entities and individuals.


Prior to joining the firm, Tenley was an associate at Sullivan & Worcester, in Boston.

Representative Matters
  • Served as tax counsel to KSE Radio Ventures, LLC, a wholly-owned subsidiary of Kroenke Sports & Entertainment, LLC, in its acquisition of Denver broadcast radio stations KIMN-FM 100.3, KXKL-FM 105.1 and KWOF-FM 92.5 from Wilks Broadcast Group, LLC.

  • Served as tax counsel to Encore Consumer Capital, LP in the sale of its portfolio company, FreshKO Produce Services, Inc., a distributor of high-quality fresh produce throughout central and northern California, to C&S Wholesale Grocers, Inc., the largest wholesale grocery supply company in the United States.

  • Represented Victory Park Capital Advisors in the sale of its portfolio company, Global Employment Holdings, Inc., to TZP Group.

  • Represented real estate development firm to obtain a partial IRS concession of a significant charitable contribution deduction disallowance.

  • Represented individual client in obtaining partial concession by the IRS of “hobby loss” case, in which IRS proposed to completely disallow claimed losses relating to a horse development, training and showing business.

  • Represented real estate development firm in obtaining a full IRS concession of IRS agent’s determinations that (1) client was a dealer in real property and that gain on client’s land and option sales should be subject to ordinary income treatment as sales of inventory (rather than capital gain on sales of investment assets, as reported), (2) client should not be permitted to offset gain on sales of property with client’s basis in its sold assets, and (3) a sale transaction was tax-motivated, and therefore income from the transaction should be reallocated between two client-affiliated entities without identity of ownership.

  • Represented EMSC, the leading provider of emergency medical services in the U.S., in the acquisition of Acute Management, LLC, the management services company of Acute Surgical Care Specialists, PLLC. Based in Plano, Texas, Acute Surgical contracts with hospitals to provide trauma, orthopedic and general surgery physician call coverage. Upon completion of the transaction, Acute became a part of EmCare's newly formed surgery services division.

News & Events
Community

Director, Board of Directors, Denver Philharmonic Orchestra

Board Member, Young Lawyers Division Board of the Colorado Lawyers Committee

Publications & Presentations
Education
  • LL.M., 2011, Boston University School of Law, Taxation
  • J.D., 2007, cum laude, Boston College Law School
  • B.A., 2004, summa cum laude, Tufts University
Admissions
  • Massachusetts
  • Colorado
Recognition

Executive Council of the Colorado Bar Association Section of Taxation

Massachusetts Super Lawyer, Rising Star, 2010-2011

Membership
Colorado Women's Bar Association
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