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Jenner & Block Partner Arnold S. Harrison was recently honored with the 2008 ACE (A Champion of Excellence) Award given by the Tenant In Common Association (TICA), the trade association of the tenant-in-common industry.
Mr. Harrison received the award for his many significant contributions throughout his career to the industry including his adherence to best practices established by TICA and exemplifying the TICA Code of Ethics. The ACE Award, presenting annually, was created by TICA’s Ethics and Standards Committee as a means of encouraging ethical standards for the industry and reflects the judgment of the Committee.
A significant part of Mr. Harrison’s practice involves advising real estate entrepreneurs, syndication sponsors and companies with respect to the tax and securities aspects of complex ownership and profit-distribution structures and creative methodologies to accomplish tax-free exchanges such as the use of tenancy-in-common interests and Delaware Statutory Trusts.
Mr. Harrison is Chair of the Firm’s Real Estate Securities Practice, Co-Chair of the Firm’s Tax Practice, and Co-Chair of its Tax Controversy Practice. In 2006, Mr. Harrison was appointed to the Tenant-In-Common Association's Legislative and Regulatory Committee, which serves as a key component of the association's legislative lobbying and grassroots activities.