Albert N. Salvatore

Secretary-Treasurer, Shareholder, Practice Group Manager, Corporate, Tax and Transactional
Cleveland
1375 East Ninth Street
One Cleveland Center, 10th Floor
Cleveland, OH 44114
P 216.615.4845
F 216.623.0134
P 216.615.4845 | F 216.623.0134



Overview

For over 35 years, Albert has utilized his business and tax expertise to help clients find practical solutions to legal and business challenges. 

He advises clients through the entirety of the business lifecycle, from early stage, entrepreneurial companies to high-growth private companies and publicly traded entities. Albert provides counsel on entity selection and formation, corporate governance, debt and equity structuring and financings, divestitures, joint ventures, strategic alliances, and succession planning. He has facilitated the acquisition of U.S. businesses and operations by international corporations and has also shepherded a number of companies through the complexities of a corporate reorganization.

Albert’s experience includes the representation of shareholders whose interests and assets are at stake when disputes arise over breach of operating agreements, self-dealing and breaches of fiduciary duty, or failures to act in a company’s best interest. He has handled countless such clashes between shareholders and corporate directors and C-suite officers, often managing to avoid costly litigation.

Albert is also an advocate for the creation and use of advisory boards to informally guide and advise company management by bringing together people of diverse background, experience, and expertise in any number of disciplines. Entrepreneurs and startup companies can particularly benefit from advisory boards, and Albert serves on many himself, providing an experienced business and legal perspective to those companies that are just getting off the ground. 

Services

Industries

Education

  1. New York University School of Law, LL.M., Taxation
  2. Cleveland-Marshall College of Law, J.D.
  3. John Carroll University, B.S.B.A., Accounting

Credentials

Bar Admissions
  1. Ohio
Court Admissions
  1. U.S. Tax Court

Recognitions

  • Named to The Best Lawyers in America® for Corporate Law (2010-2024)
  • AV® Preeminent™ rating from Martindale-Hubbell Law Directory

Affiliations

Professional Affiliations
  • American Bar Association
  • Ohio State Bar Association
  • Cleveland Metropolitan Bar Association
  • Lake County Bar Association
Community Affiliations
  • Mentor Rotary Club, Member (Past President, 2003-2004)
  • Chairman of the Board of Trustees and Chairman of the Board Performance Improvement Council, Marymount Hospital
  • Member, Cleveland Clinic, Quality, Safety, and Patient Experience Committee of the Board of Directors
  • Member of Investment Committee, Benedictine High School
  • Member of Board of Trustees, Singing Angels

Insights

  1. Alerts
    Now That We’ve Seen the Eclipse, It’s Time To Plan for the TCJA Sunset (May 6, 2024)
    Supreme Court to Rule on Estate Tax Valuation of Stock Purchased with Corporate-Owned Life Insurance Proceeds (Feb 27, 2024)
    IRS Issues Proposed Regulations on Long-Term, Part-Time Employees (Jan 5, 2024)
    New Federal Law to Create Reporting Requirements for Most U.S. Entities (Dec 7, 2023)
    IRS Issues Inflation Adjustments for 2024 (Nov 13, 2023)
  2. Presentations
    Pre-, During and Post-Liquidity: What you need to know, moderator - Aspire Dealmakers Conference, Cleveland (May 2019)
    "Overview of the Tax Cuts and Jobs Act of 2017" - Roetzel's Executive & Corporate Counsel Forum (2018)
    Frequent speaker on various business topics including "Succession Planning for Privately Held Businesses" and "Use of Advisory Boards"
  3. Firm News
    Roetzel & Andress Earns Recognition in 2024 Best Lawyers (Aug 17, 2023)
    Roetzel & Andress Appoints Five Attorneys to Key Leadership Roles (May 9, 2023)
    Roetzel Attorneys Recognized in 2023 Edition of The Best Lawyers in America® (Aug 18, 2022)
    74 Roetzel Attorneys Named 2022 Best Lawyers in America®; 18 Recognized as Best Lawyers: Ones to Watch (Aug 19, 2021)
    Seventy Roetzel Attorneys Named to 2021 The Best Lawyers in America© List; Ten Named “Lawyer of the Year” (Aug 20, 2020)

Overview

For over 35 years, Albert has utilized his business and tax expertise to help clients find practical solutions to legal and business challenges. 

He advises clients through the entirety of the business lifecycle, from early stage, entrepreneurial companies to high-growth private companies and publicly traded entities. Albert provides counsel on entity selection and formation, corporate governance, debt and equity structuring and financings, divestitures, joint ventures, strategic alliances, and succession planning. He has facilitated the acquisition of U.S. businesses and operations by international corporations and has also shepherded a number of companies through the complexities of a corporate reorganization.

Albert’s experience includes the representation of shareholders whose interests and assets are at stake when disputes arise over breach of operating agreements, self-dealing and breaches of fiduciary duty, or failures to act in a company’s best interest. He has handled countless such clashes between shareholders and corporate directors and C-suite officers, often managing to avoid costly litigation.

Albert is also an advocate for the creation and use of advisory boards to informally guide and advise company management by bringing together people of diverse background, experience, and expertise in any number of disciplines. Entrepreneurs and startup companies can particularly benefit from advisory boards, and Albert serves on many himself, providing an experienced business and legal perspective to those companies that are just getting off the ground. 

Education

  1. New York University School of Law, LL.M., Taxation
  2. Cleveland-Marshall College of Law, J.D.
  3. John Carroll University, B.S.B.A., Accounting

Credentials

Bar Admissions
  1. Ohio
Court Admissions
  1. U.S. Tax Court

Recognitions

  • Named to The Best Lawyers in America® for Corporate Law (2010-2024)
  • AV® Preeminent™ rating from Martindale-Hubbell Law Directory

Affiliations

Professional Affiliations
  • American Bar Association
  • Ohio State Bar Association
  • Cleveland Metropolitan Bar Association
  • Lake County Bar Association
Community Affiliations
  • Mentor Rotary Club, Member (Past President, 2003-2004)
  • Chairman of the Board of Trustees and Chairman of the Board Performance Improvement Council, Marymount Hospital
  • Member, Cleveland Clinic, Quality, Safety, and Patient Experience Committee of the Board of Directors
  • Member of Investment Committee, Benedictine High School
  • Member of Board of Trustees, Singing Angels

Insights

  1. Alerts
    Now That We’ve Seen the Eclipse, It’s Time To Plan for the TCJA Sunset (May 6, 2024)
    Supreme Court to Rule on Estate Tax Valuation of Stock Purchased with Corporate-Owned Life Insurance Proceeds (Feb 27, 2024)
    IRS Issues Proposed Regulations on Long-Term, Part-Time Employees (Jan 5, 2024)
    New Federal Law to Create Reporting Requirements for Most U.S. Entities (Dec 7, 2023)
    IRS Issues Inflation Adjustments for 2024 (Nov 13, 2023)
  2. Presentations
    Pre-, During and Post-Liquidity: What you need to know, moderator - Aspire Dealmakers Conference, Cleveland (May 2019)
    "Overview of the Tax Cuts and Jobs Act of 2017" - Roetzel's Executive & Corporate Counsel Forum (2018)
    Frequent speaker on various business topics including "Succession Planning for Privately Held Businesses" and "Use of Advisory Boards"
  3. Firm News
    Roetzel & Andress Earns Recognition in 2024 Best Lawyers (Aug 17, 2023)
    Roetzel & Andress Appoints Five Attorneys to Key Leadership Roles (May 9, 2023)
    Roetzel Attorneys Recognized in 2023 Edition of The Best Lawyers in America® (Aug 18, 2022)
    74 Roetzel Attorneys Named 2022 Best Lawyers in America®; 18 Recognized as Best Lawyers: Ones to Watch (Aug 19, 2021)
    Seventy Roetzel Attorneys Named to 2021 The Best Lawyers in America© List; Ten Named “Lawyer of the Year” (Aug 20, 2020)