Resume

Layton L. Pace has practiced law for over twenty years at the law firms of Baker, Burton & Lundy, A Professional Corporation, in Hermosa Beach, California, Ervin, Cohen & Jessup, LLP in Beverly Hills, California and Stoel Rives in Portland, Oregon. Layton worked 16 of those years as a partner and associate at ECJ, where he was the working head of its income tax and state and local tax practices.

Mr. Pace’s practice focuses on federal and California income, franchise, sales and use and property taxation of foreign and domestic partnerships, limited liability companies, C corporations, S corporations and individuals engaged in a wide spectrum of business and real estate-related activities. His practice involves designing, evaluating and implementing business structures and tax strategies and handling tax controversies in virtually all stages with federal and state governmental authorities. Specific examples of Mr. Pace’s practice areas include structuring Section 1031 exchanges, forming and converting partnerships, limited liability companies and corporations, advising and implementing divisive and acquisitive tax-free reorganizations, drafting shareholders and redemption agreements, advising clients regarding inbound investments in United States, providing tax and legal advice and documentation for stock and asset purchases, and resolving tax controversies with the U.S. Tax Court, IRS, California Franchise Tax Board and California Board of Equalization.

Mr. Pace is the 2008 recipient of the V. Judson Klein Award. The Taxation Section of the California State Bar presents the V. Judson Klein Award annually to a tax practitioner in mid-career purportedly for possessing a keen and imaginative intellect, a true passion for the law and great personal integrity.

Mr. Pace is a past member and advisor to the Executive Committee of the Taxation Section of the California State Bar. He is a past chair of the Taxation Section’s Business Entities Committee, was Federal Tax Editor of its publication, the California Tax Lawyer, and is currently active on several of its substantive committees. Mr. Pace is a past advisor to the Executive Committee and past chair of the Business Entities Committee of the Taxation Section of the Los Angeles County Bar Association. He is an inactive member of the Oregon State Bar and the Washington State Bar Association.

Mr. Pace speaks frequently and writes on various real property, limited liability company, partnership and other federal and California tax-related topics, including seminars sponsored by the California CPA Education Foundation, the California State Bar, the Los Angeles County Bar Association and other organizations.

Mr. Pace graduated cum laude from UC Hastings College of Law in San Francisco, California in 1987. He received an undergraduate degree in Business Administration (accounting concentration) from the University of Washington in Seattle, Washington in 1980.

Before attending law school, Mr. Pace worked as a cost accountant for AT&T Technologies (now part of Lucent Technologies) in Sunnyvale and Anaheim, California, a legal intern for Sprint in Burlingame, California and as a tax intern at Coopers & Lybrand in San Francisco, California.