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Burt Allen Solomon, a member of the firm, practices in the areas of condominium and co-op law, real estate, trusts and estates, banking and corporate. He works out of the firm�s New York City office.
Having returned to private practice in 1990 after 12 years as head of Bank Hapoalim B.M.'s U.S. Legal Department, Burt has expanded his activities in corporate and commercial matters and returned to the trusts and estates area. He also continues his broad-focused banking practice.
In his estates and trusts work, Burt handles a full range of matters: from preparation of simple wills through complex gift and estate planning and drafting tax-oriented wills and trusts, as well as extensive administration of estates, from probating of wills, marshalling, valuing and liquidating assets (including valuable personal property, artwork, real property and cooperative apartments), preparing estate tax returns, final accountings and receipts and releases and distributions of estate assets. His work has involved dealing with individual and charitable beneficiaries and the Attorney General's office.
At Bank Hapoalim, Burt gained expertise in areas as diverse as domestic and international commercial lending, federal and state bank regulatory compliance, interstate and international transactions and bank operations and management. At his previous firm, his banking practice included areas such as commercial lending, wire transfers, funds transfer systems, Federal and state banking and consumer regulations and compliance, credit card operations and bank secrecy, as well as various commercial aspects of bankruptcy matters.
An important part of Burt�s practice has been advising on frauds, forgeries, money laundering and other similar crimes affecting banks, including related regulatory compliance issues, financial institution bond claims and confidential internal investigations. He also handles corporate and commercial matters for non-banking clients, including establishment and operations of limited liability companies and real estate transactions.
While at Bank Hapoalim, Burt was one of the organizers and long-term chair of a committee of in-house lawyers for international banks under the auspices of the Institute of International Bankers.
Burt spent two years clerking for two federal judges in the U.S. District Court for the Eastern District of New York prior to practicing with his previous firm.
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