Darren Wallace was quoted in an article, "Paul Allen's $26 Billion Estate Will Take Years to Unravel," published by Bloomberg. In the wake of Microsoft co-founder and billionaire Paul Allen's passing, the article discusses various considerations for his vast holdings at family office Vulcan Inc., which include real estate, art collections, professional sports teams and venture capital stakes. "Even though this is a person's life and their personal holdings, it's almost like the dissolution of a major corporation," Wallace told Bloomberg. He continued, "Even if things go along as you might expect, it could easily be three to five years." The article also noted the legal transfer of Paul Allen's holdings will likely take a considerable amount of time. Wallace commented further that a large and complex estate like Allen's – even when well-prepared for a succession – is likely to face an Internal Revenue Service audit, if only because of its size and complexity.
Law360 featured the arrival of new partners Tiffany Bentley, Ann Hetherwick Cahill, Christine Fletcher, and David Raymon in the article, "Day Pitney Adds 4 Ex-Burns & Levinson Attys in Boston."
Day Pitney Press Release
Day Pitney's annual Palm Beach Family Office Forum was featured in The Florida Bar News article, "Day Pitney Hosts 2023 Palm Beach Family Office Forum."
Day Pitney Partners George Chaclas and Renée Evangelista, and Senior Associate Leigh Furtado were each honored with a Rhode Island Monthly Professional Excellence in Law Award for 2023.
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Private Client Partner Gregory A. Hayes was featured in Florida Bar News for being named managing partner of the firm.
Day Pitney Real Estate Partner Daniel Diaz Leyva was featured in Florida Bar News for being named to The Fund President’s Circle, which recognizes the top 100 member firms based on policies remitted in 2022.
Day Pitney Trusts and Estates Attorney Kaitlyn Sapp was featured in the Special Needs Alliance’s Member Spotlight.