Agway liquidating trust company
Stock, of Pittsburgh, Pa., is a graduate of the University of Michigan and is a Diplomate of the American Board of Orthodontics. WALT THRONE, of Walt’s Hobby Inc., in Syracuse, has been inducted into The Academy of Model Aeronautics National Hall of Fame. CAMBIER, an attorney at Hancock & Estabrook LLP, has been elected to the board of directors of Elmcrest Children’s Center.
The center serves as a treatment and educational organization for children with developmental disabilities, serious medical conditions and psychiatric needs.
OHLIGER has been named senior underwriter for the Central New York district’s commercial banking team at Key Bank.
Ohliger, of Jamesville, was chief financial officer for Agway Liquidating Trust, in Syracuse.
That assignment concluded when the company was sold. Potter has worked as a consultant / specialist investigating HVAC, propane, natural gas and fuel oil related losses for insurance companies, attorneys and cause and origin investigators. Potter continues to assist Agway's Liquidating Trust close many of their open claims during their liquidation process. Potter brings a very practical and successful approach to HVAC and fuel related investigations.
If followed, these guidelines should ensure that the establishment of the trust will be treated as a transfer from the bankruptcy estate to the beneficiaries followed by a deemed transfer by the beneficiaries to the liquidating trust.
Finally, a liquidating trust may lose its grantor trust status “if the liquidation is unreasonably prolonged or if the liquidation purpose becomes so obscured by business activities that the declared purpose of liquidation can be said to be lost or abandoned.” 26 CFR § 301.7701-4(d).
Additional considerations include retaining bankruptcy court jurisdiction in the plan and trust agreement so that a liquidating trustee can seek court approval of certain actions and decisions made on behalf of the trust.
BERNIE FONTANE and GREG KREINHEDER have been promoted at Inficon Inc.This project eventually became the Nora Oil Heat Certification Program. Potter prepared and presented an abstract titled " Development of a Practical Training Program Based on BNL's Input to New NFPA Lined Masonry Chimney Venting Tables" at the 1997 Oil Heat Technology Conference and Workshop at Brookhaven National Laboratory. Potter was appointed a state monitor by the New Jersey Superior Court.In this position, he provided both management and technical over-site to a propane company that was operating under court order.Capozza, a partner who practices in the area of environmental law and chairs the firm’s energy and utilities practice area, has led its marketing efforts for the past decade. COONEY has been named medical director of emergency services at Oswego Hospital. ROBERT DRAKER has been named executive medical director of Americord Registry LLC and has been named a consultant to the Food and Drug Administration’s Pediatric Advisory Committee.Harrigan, a partner in the firm’s labor and employment practice area, succeeds Capozza as the firm’s marketing partner and chair of the marketing committee. She was an emergency room physician at Upstate University Hospital, in Syracuse, and at St. She was also an assistant professor of emergency medicine at Upstate Medical University. Dracker is a hematologist, pediatric oncologist and expert in blood and stem cell banking.
At the time of retirement, he was the Director of Technical and Safety Training, a position that he had developed and held for over twelve years.