Layne Albert joins Grant Thornton’s Tax practice in New York

Expands firm’s financial services capabilities

NEW YORK--()--Layne Albert has joined Grant Thornton LLP as a partner in the firm’s Tax practice, based in New York.

“Layne brings to Grant Thornton extensive knowledge and experience delivering federal and state tax service offerings within the financial services industry”

Albert has more than 25 years of experience in the financial services industry. He specializes in identifying, understanding and managing federal and state tax issues related to complex business transactions, including mergers, acquisitions, dispositions, financings, recapitalizations, securitizations, reorganizations and bankruptcies. He has extensive experience advising boards of directors and working closely with chief executive officers, chief financial officers, asset managers, banks, private equity investors, hedge funds, Internal Revenue Service staff and investment bankers.

“Layne brings to Grant Thornton extensive knowledge and experience delivering federal and state tax service offerings within the financial services industry,” said Frank Kurre, Grant Thornton’s Metro New York and New England managing partner. “He will be integral in continuing to expand our financial services tax capabilities throughout Metro New York and New England.”

Most recently, Albert was a managing director at Alvarez & Marsal Taxand LLC. There, he advised clients on the federal income tax ramifications of complex business transactions and tax department design and operations, including the creation and management of tax departments through adversity, assistance with Accounting Standards Codification (ASC) 740 accounting matters, including restatements and remediation, and Sarbanes-Oxley compliance. He was also responsible for developing their federal Tax practice in New York, which concentrated in the financial services, energy, manufacturing, engineering, procurement and construction industries. Previously, he was the vice president of Tax at Dynegy Inc. and Encompass Services Corporation.

Albert is a certified public accountant in Texas and a member of the Texas Bar Association. He received a juris doctor degree from South Texas College of Law, a master’s of laws degree in taxation from the University of Houston and a bachelor’s degree in business administration with a concentration in accounting from the University of Texas.

About Grant Thornton LLP

Founded in Chicago in 1924, Grant Thornton LLP (Grant Thornton) is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading organizations of independent audit, tax and advisory firms. In the United States, Grant Thornton has revenue in excess of $1.3 billion and operates 57 offices with more than 500 partners and 6,000 employees. Grant Thornton works with a broad range of dynamic publicly and privately held companies, government agencies, financial institutions, and civic and religious organizations.

“Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grantthornton.com for further details.

Contacts

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E adam.bond@us.gt.com

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