HEATHER M. FIELD ARTICLES



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HEATHER M. FIELD Professor of Law & Bion Gregory Chair in Business Law University of California Hastings College of the Law 200 McAllister Street, San Francisco, CA 94102 (415) 565-4716 fieldh@uchastings.edu EDUCATION HARVARD LAW SCHOOL, J.D. magna cum laude, 2000 Board of Student Advisers Instructor for 1 st year legal research & writing program Tutorial Program for 1 st Year Students Head tutor (Spring 2000); Tutor (Spring 1999) Harvard Environmental Law Review Staff member UNIVERSITY OF CALIFORNIA, LOS ANGELES, B.S., Biochemistry magna cum laude, June 1997 Departmental Honors in Biochemistry College of Letters & Sciences Honors University Committee on Teaching, Undergraduate Representative ACADEMIC EXPERIENCE UNIVERSITY OF CALIFORNIA, HASTINGS COLLEGE OF THE LAW, San Francisco, CA Bion Gregory Chair in Business Law (2012-present); Professor of Law (2011-present); Associate Professor (2007-2011); Assistant Prof. (2006-07) Courses: Service: ARTICLES Federal Income Taxation; Financial Basics for Lawyers; Federal Income Taxation of Corporations & Partnerships; Advanced Issues in Corporate & Partnership Taxation; Tax Policy Seminar; Tax Concentration Seminar Faculty Executive Committee (2010-11, 2012-13); Strategic Planning Implementation Subcommittee Chair (2011-13); Student Misconduct Committee (2012-13); Disqualified Students Committee (2009-10); Faculty Appointments Committee (2008-09, 2010-11); Curriculum Committee (2006-08) Awards: Professor of the Year (student-elected) (2011-12) Hastings 1066 Foundation Faculty Award (2009) Rutter Award for Excellence in Teaching (2008) Binding Choices: Tax Elections & Federal/State Conformity, 32 VA. TAX REV. (2013) (forthcoming) Throwing the Red Flag: Challenging the NFL s Lessons for American Business, 38 J. CORP. L. (2013) (forthcoming) The Return-Reducing Ripple Effects of the Carried Interest Tax Proposals, 7 FLA. TAX REV. 1 (2012) (peer-reviewed)

ARTICLES (cont.) HEATHER M. FIELD, PAGE 2 OF 5 Experiential Learning in a Lecture Class: Exposing Students to the Skill of Giving Useful Tax Advice, 9 PITT. TAX REV. 1 (2012) (peer-reviewed) Giving Useful Tax Planning Advice, 134 TAX NOTES 1299 (Mar. 5, 2012) Tax Elections & Private Bargaining, 31 VA. TAX REV. 1 (2011) Taxpayer Choice in Legal Transitions, 29 VA. TAX REV. 505 (2010) Choosing Tax: Explicit Elections as an Element of Design in the Federal Income Tax System, 47 HARV. J. ON LEGIS. 21 (2010) Checking In on Check-the-Box, 42 LOY. L.A. L. REV. 451 (2009) Fiction, Form, and Substance in Subchapter K: Taxing Partnership Mergers, Divisions, and Incorporations, 44 SAN DIEGO L. REV. 259 (2007) Excerpts reprinted in STEPHEN A. LIND ET AL., FUNDAMENTALS OF BUSINESS ENTERPRISE TAXATION (4 th ed. 2008, 5 th ed. 2012), and in STEPHEN A. LIND ET AL., FUNDAMENTALS OF PARTNERSHIP TAXATION (8 th ed. 2008, 9 th ed. 2012), and in THE MONTHLY DIGEST OF TAX ARTICLES, Nov. 2007, at 25. Increasing Access to Emergency Contraceptive Pills Through State Law Enabled Dependent Pharmacist Prescribers, 11 UCLA WOMEN S L.J. 141 (2000) ADDITIONAL PUBLICATION A Tax Scholar s Take on Legal Education Reform, JOTWELL: LEGAL PROFESSION SECTION available at http://legalpro.jotwell.com/a-tax-scholars-take-on-legaleducation-reform/ (May 25, 2012) WORKS-IN-PROGRESS What is the Real Problem with Carried Interests? (unpacking the tax rules that lead to the tax law s current treatment of carried interests in order to propose reform that is responsive to the core objections) Loophole is Not a Four-Letter Word: Tax Planning & the Ethical Tax Lawyer (trying to reconcile (a) the public commentary and academic literature that condemn tax loopholes, taxpayers who use them, and the lawyers who assist those taxpayers, with (b) the fact that one of the core functions of a tax planner is to help her client achieve non-tax economic objectives in a manner that minimizes the client s tax burden) Refuse to Lie : Tax Choices, Civil Disobedience, and Identity (examining the importance of identity in choices that taxpayers make on their tax returns, and using the federal income tax filing status choices made by same-sex couples who are married under state law as a case study) CASES AND PROBLEMS ON CORPORATE TAXATION (with Leo Martinez) (new corporate tax casebook for West, scheduled to be available for Fall 2014 adoptions)

PRESENTATIONS, CONFERENCES, AND WORKSHOPS HEATHER M. FIELD, PAGE 3 OF 5 Commentator, Loyola LA Law School Tax Policy Colloquium presentation by Emily Cauble entitled Tax Elections: How To Live With Them If We Can t Live Without Them, Los Angeles, CA (Sept. 2012) Presenter, The Return-Reducing Ripple Effects of the Carried Interest Tax Proposals Northern California Tax Roundtable hosted by UC Berkeley Law School (June 2012) Commentator, Northern California Tax Prof Roundtable hosted by UC Berkeley, paper by David Hasen entitled Partnership Allocations Involving Character Shifts (June 2012) Presenter, Binding Choices: Tax Elections & Federal/State Conformity NYU Tax Policy Colloquium, New York, NY (February 2012) Northern California Tax Roundtable hosted by UC Davis Law School (Nov. 2011) Law & Society Association Annual Meeting, San Francisco, CA (June 2011) Junior Tax Scholars Workshop, South Bend, IN (June 2010) Chair/Discussant, Panel on Environment, Education & the Role of Government Law & Society Association Annual Meeting, San Francisco, CA (June 2011) Presenter, Experiential Learning in a Lecture Class: Exposing Students to the Skill of Giving Useful Tax Advice UC Hastings Traynor Summer Program, San Francisco, CA (May 2011) Tulane Tax Roundtable, New Orleans, LA (March 2011) Commentator, Tulane Tax Roundtable presentation by Benjamin Leff entitled Federal Regulation of Nonprofit Board Independence: Focus on Independent Stakeholders as a 'Middle Way', New Orleans, LA (March 2011) Commentator, Stanford Law School s Rock Center for Corporate Governance presentation by Victor Fleischer entitled Taxing Founders Stock, Palo Alto, CA (January 2011) Presenter, Tax Elections & Private Bargaining Northern California Tax Roundtable, San Francisco, CA (December 2010) UC Hastings Junior Faculty Workshop, San Francisco, CA (October 2010) Presenter, Taxed by Default Law & Society Association Annual Meeting, Chicago, IL (May 2010) Chair/Discussant, Panel on Deductions, Gender Issues and Tax Expenditures Law & Society Association Annual Meeting, Chicago, IL (May 2010) Commentator, Northern California Tax Roundtable hosted by UC Hastings, presentation by Mark Gergen entitled Appropriate Penalties for Underpaying an Uncertain Tax, San Francisco, CA (April 2010) Presenter, The Power to Make Tax Choices Southwest Junior Scholars Conference, Tempe, AZ (March 2010) Commentator, Loyola Law School Tax Policy Colloquium presentation by James Hines entitled Reconsidering the Taxation of Foreign Income, Los Angeles, CA (Sept. 2009) Presenter, Should Partnership Tax Define Merger and Division? (And If So, How?) AALS Workshop on Transactional Law, Long Beach, CA (June 2009)

PRESENTATIONS, CONFERENCES, AND WORKSHOPS (cont.) Presenter, Taxpayer Choice in Legal Transitions Law & Society Association Annual Meeting, Denver, CO (May 2009) Junior Tax Scholars Workshop, New York, NY (June 2009) Chair/Discussant, Panel on Agreements, Negotiation, and Tax Laws Law & Society Association Annual Meeting, Denver, CO (May 2009) HEATHER M. FIELD, PAGE 4 OF 5 Organizer, Northern California Tax Roundtable hosted by UC Hastings (April 2009) Panelist (discussing tax issues), Scope of the Crisis Beyond the Bailout Hastings Business Law Journal Annual Symposium, San Francisco, CA (April 2009) Speaker, Haiti and U.S. International Taxation Ecole Superieure Catholique de Droit de Jeremie, Haiti (March 2009) CLE Presenter, Taxation in Transition: Issues Facing the New Administration UC Hastings Alumni Lecture, Los Angeles, CA (January 2009) Presenter, Choosing Tax: Explicit Elections as an Element of Design in the Federal Income Tax System UC Hastings Faculty Speaker Series, San Francisco, CA (September 2008) Northern California Tax Roundtable hosted by Santa Clara Law School (October 2008) Presenter, Checking In on Check-the-Box Business & Transactional Law Center at Washburn University School of Law, 2008 Tax Law Colloquium, Topeka, KS (April 2008) Fourth Annual Conglomerate Junior Scholars Workshop (August 2008) National Tax Association, 101 st Annual Meeting, Philadelphia, PA (November 2008) Continuing Legal Education presentations on various topics including: Partnerships & Partnership Agreements; Partnership Restructurings; Tax Structuring for Energy Fund Investments; Restricted Stock in Tax-Free Reorganizations; U.S. Trade or Business Restrictions for Collateralized Debt Obligations RESEARCH INTERESTS Federal Income Tax, Partnership Tax, Business Planning, Corporate Tax, Tax Policy, Tax Elections, Role of Choice in the Tax Law, Behavioral Psychology (as relevant to tax law), Legal Transitions, Ethical Issues in Taxation, Executive Compensation, Pedagogy Techniques PRACTICE EXPERIENCE LATHAM & WATKINS LLP, Los Angeles, CA Associate, Tax Department 2000 2006 Represented public and private corporations in the structuring and tax aspects of mergers, acquisitions and dispositions, including taxable stock and asset acquisitions, tax-free reorganizations and spin-offs, domestic and cross-border transactions, and transactions involving S corporations and disregarded entities. Represented partnerships, LLCs and private equity funds (and investors in each) in the structuring and tax aspects of formation,

HEATHER M. FIELD, PAGE 5 OF 5 choice of entity, operating agreements, acquisitions, dispositions, mergers, restructurings, and liquidations. Represented issuers and underwriters in the tax aspects of private and public offerings of equity and debt securities, including high yield debt, OID notes, foreign currency issuances, and various financial products. Represented issuers and asset managers in structured finance transactions, such as Collateralized Debt Obligations. Advised clients regarding a variety of general federal income tax issues, including the availability of bonus depreciation, like-kind exchanges, taxation of litigation settlements, and debt/equity characterization issues. Served on the Associates Committee (2004-05), which makes partnership recommendations, performs associate reviews, and makes bonus decisions. Summer Associate Summer 1999 STUTMAN, TREISTER & GLATT, P.C., Los Angeles, CA Summer Associate Summer 1998, Summer 1999 BAR ADMISSION California (2000)