David C. Ulich

David is a partner of the law firm of Sheppard, Mullin, Richter & Hampton LLP.

Areas of Practice

David advises clients on matters ranging from family oriented businesses to multi national corporations in many diverse industries – financial, investment management, venture capital, entertainment, sports, health care, consumer goods and aerospace. His primary areas of practice are general corporate and securities law, tax law, merger and acquisition transactions, business start ups, contractual matters (including licensing and distribution agreements) and general business counseling.

David specializes in the representation of hedge funds, providing advice on formation and structuring, compliance with Department of Corporation and SEC regulations, registered investment advisor issues and broker dealer matters. David has substantial experience with private investments in public equity ("PIPEs"), as well as commodity pools, including post-closing stock registration, reporting and notice issues.

David has extensive experience in the structuring of corporate reorganizations, including mergers, stock for stock exchanges, corporate spin-offs and shareholder redemptions, as well as the tax treatment of "S" corporations. He has handled all aspects of partnership and limited liability company taxation including formation and dissolution of partnerships and LLC's, drafting partnership and LLC agreements, merging of partnerships and tax treatment of partners, and LLC members in transactions with their companies. He is an authority in the area of tax-deferred exchanges of real estate.

David provides general business and tax advice to educational, public and religious charities such as Childhelp USA, the American Film Institute, Aids Project Los Angeles, Mission Without Borders, Justice for Athletes, and others. He prepares applications on behalf of these Not-for-Profit entities for tax exemptions and non-profit status under federal and state tax guidelines, and gives ongoing advice to prevent jeopardizing their non-profit status. He has also helped non-profits to joint venture on projects with other non-profits as well as for profit entities.

Education

• LL.M., New York University, 1985
• J.D., University of California, Los Angeles, 1984, Member, UCLA Law Review
• B.A., Haverford College, 1981

Admissions

• California

Languages

• German

Representative Clients

AOM French Airlines – AirLib
American Film Institute
Arnold & Bierbrauer, GmbH
Aspen Education Group, Inc.
British Academy of Film & Television
Cayman Holdings, Ltd.
Central Hollywood Coalition
Childhelp USA, Inc.
Copeland Sporting Goods
Cormier/Peterson/Lewis Automotive Group
Country Floors, Inc.
Detection Logic Fire Protection Co.
Don Fedderson Productions, Inc.
Eurobound Travel
Factor Support Network Pharmacy, Inc.
Fulton, Breakefield Broenniman, LLC
GBM International
HS Seafood Company
Honda Finance Company
Hurley International
Illac Advisors, Inc.
Integrated Publishing, Inc.
Integrated Research Services, Inc.
Justice for Athletes
M.A.G. Capital, LLC
Mercator Advisory Group, LLC
Mercator Momentum Fund, L.P. 
Mercator Investment Advisors
Mecos Traxler, GmbH
Monarch Pointe Fund, L.P.
Nosrat Farms, LLC
On Point Technologies, Inc.
Signature Liquidity Fund, Ltd.
Solara Fund, L.P. 
Snaidero USA
Snaidero Design Team
Surf Diva
Temple Judea
Terbest Insurance Co.
The Healing Channel
Trancas Water Company
United Church of God
Vector Fund, L.P.
The Yanks Air Museum

Memberships

• Board of Directors, TERRALEX, an international referral service for law firms
• Professor, University of Southern California Masters Tax Program, where he taught classes on the Taxation of Corporations and Shareholders
• Board of Directors, several non-profit foundations

Articles

Art Gallery Law Blog Articles

• "The Art of Making Donations", March 18, 2009