A 30-year friendship and business association between Charles Pircher and Wren Alexander ultimately cost one of Alexander’s companies, Wren Alexander Investments, L.L.C. (Wren LLC), its interest in certain real property in Medina County, Texas (Medina Property).
Commercial And Regulatory Law Committee
Committees
When a bank fails and is liquidated by the Federal Deposit Insurance Corporation (FDIC), and then the bank’s holding company files for bankruptcy, a dispute frequently arises regarding ownership of tax refunds issued to a consolidated group (including the bank and the bank holding company) pursuant to consolidated tax returns.
In line with one of bankruptcy’s vaunted goals, providing debtors with a fresh start, the Bankruptcy Code specifically authorizes debtors to exempt retirement funds held in a compliant retirement account from property of the estate. When done properly, investing funds in a compliant profit-sharing plan can be a powerful financial-planning and asset-protection tool, putting almost unlimited funds out of creditors’ reach.
Co-Chair
Markowitz, Ringel, Trusty & Hartog, PA
Ft. Lauderdale, FL
(954) 767-0030
Co-Chair
Dentons Bingham Greenebaum
Louisville, KY
(502) 587-3719
Communications Manager
U.S. Bankruptcy Court for the District of Arizona, Phoenix Division
Phoenix, AZ
(602) 682-4144
Education Director
White and Williams LLP
Cranford, NJ
(212) 868-4837
Education Director
Simmons Legal PLLC
Dallas, TX
(214) 643-6192
Membership Relations Director
Womble Bond Dickinson (US) LLP
Wilmington, DE
(302) 252-4326
Newsletter Editor
Quinn Emanuel Urquhart & Sullivan, LLP
Houston, TX
(713) 221-7000
Special Projects Leader
Lessne Law
Fort Lauderdale, FL
(954) 372-5759