Name of firm: Farkouh, Furman & Faccio LLP ('FF&F')
Location: New York, New York
Fred Farkouh (in the photo on the right) and Bruce Militzok
We joined the alliance three years ago with the purpose of expanding our clients’ network of global contacts and information. Our clients now have access to firms in 70 countries that can deliver the same high quality service.
The alliance has surpassed our expectations and allowed us to not only build mutually beneficial relationships, but also collaborate with firms committed to exceptional client service. The Alliott Group has provided a forum for firms to share best practice in recruiting efforts, business development, marketing and firm operations.
Our client, a large commodity trader, was negotiating a joint venture with a company located in the UK. In structuring the joint venture, we knew what we wanted to accomplish from a U.S. income tax perspective, but were not as knowledgeable regarding the U.K. income tax considerations. We immediately contacted Colin Farmer and within 24 hours Colin introduced us to a tax partner at Alliotts who answered all our questions and produced a memo which helped our client successfully complete negotiations on what has turned out to be a successful and tax efficient joint venture.