David W. K. Wong | Attorney

David W. K. Wong

David W. K. Wong

Banking & Finance, Estate Planning, Trusts, Insurance, Trusts, Corporate, Real Estate, Tax

Experience: 43 years

Top Local Lawyers

About David

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, in 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.

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, in Corporate/Commercial:  Tax
  • Selected by attorney peers for inclusion in The Best Lawyers in America 2010, for Tax Law

Affiliations

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

 

Admission

Verified California

2008

Verified Hawaii

1982

Education

Stanford University

Carlsmith Ball LLP Highlights

Banking & Finance, International, Wills & Probate, Corporate, Securities, Antitrust; Constitutional Law; Government Contract; Workers' Compensation; Energy; Bankruptcy; Internet; Intellectual Property; Business Organization; Labor Law; Immigration; Admiralty & Maritime; Estate Planning; Employment; Real Estate; Mental Health; Litigation; Environmental Law; Tax; Insurance

Firm Size: 1
Firm Locations: 1