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Worthen, JulieAnn S.

Name:Worthen, JulieAnn S.
Practice In: Business Law ,Estate ,Estate Planning ,Trusts ,Real Estate ,Tax
Law Firm: Law Offices of Michael R. Bilbrey, P.C.
Location:8724 Pin Oak Road
Edwardsville, IL 62025
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Fax: 618-692-8107
http://www.bilbreylawoffice.com
 

David W.K. Wong is a partner in the firm's Honolulu office and a member of its Tax, Estate Planning & Wealth Management Practice Group.  His practice emphasizes federal and Hawaii tax aspects of commercial transactions and business enterprises.  Mr. Wong has done extensive work in the areas of Business organizations, entity structuring, acquisitions, divestitures and debt workouts.  He is listed in Chambers USA:  America's Leading Lawyers for Business 2012 for Corporate/Commercial:  Tax.

Representative Matters

Corporate Acquisition Assisted financial institution in structuring and closing tax-free acquisition of another bank.

Partnership Structured Tiered partnership arrangement for U.S. investors in $100 million development project involving complex capital and profit and loss allocation issues.

Equipment Leasing Represented leasing arm of major financial institution in numerous leveraged leasing transactions involving hundreds of millions of dollars in equipment cost.  Reviewed tax issues related to proposed lease structures, negotiated tax indemnity agreements and purchase and sale of existing leases.

Partnership Represented foreign investors in U.S. real estate development partnership in connection with partnership restructuring and raising of additional equity for 1,500 acre high-end residential and golf course development project.

Foreclosures and Workouts Advised numerous borrowers and lenders regarding tax aspects of loan restructurings, workouts and foreclosures.

Real Property Valuation Represented hotel owner in real property tax dispute, resulting in tax reduction of over $1 million.  Represented property owners and lessees in appealing real property tax assessments of residential, shopping center, and golf course properties, including multiple-year appeals of properties assessed at more than $500 million.

Hawaii General Excise Tax Negotiated with Hawaii Department Taxation to reduce proposed general excise tax assessment for work performed by multinational engineering firm in connection with Hawaii project.  Result was tax savings to client in excess $500,000.

Distinctions

  • Listed in Chambers USA:  America's Leading Lawyers for Business 2012 for Corporate/Commercial:  Tax
  • Selected by attorney peers for inclusion in The Best Lawyers in America 2013 for Tax Law; he has been listed in the publication since 2010

Affiliations

  • Hawaii State Bar Association, Section of Taxation
  • American Bar Association, Section of Taxation

 

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