Bruce Wright Email & Phone Number

Nationally recognized as an authority in the captive insurance industry, I counsel companies on a wide range of tax and insurance law issues, including formation of commercial offshore privately and publicly held entities. As a Partner in Eversheds Sutherland’s Tax Practice Group, I also work with clients on the development of structured financial products such as securitizations, swaps, options and similar products used as alternatives to conventional risk financing mechanisms such as “rent-a-captives” and “cell companies.”Representing domestic and foreign-based clients, I advise property and casualty insurance companies, guide the formation of single parent/group captive insurers and counsel risk retention groups. With more than four decades of experience, I have helped clients successfully navigate an array of complex federal income tax issues such as debt or equity characterization, engaging in U.S. trade or business issues, continuity of interest, passive foreign investment company status, controlled foreign corporation status, limitations on the use of net operating losses, cancellation of indebtedness income, consequences of debt modification, original issue discount, federal excise tax and state premium tax on premiums paid to foreign investors.Attorney Advertising: Prior results do not guarantee a similar outcome.

Listed skills include Insurance, Risk Management, Commercial Litigation, Litigation, and 25 others.

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  Insurance And Tax Partner

  Eversheds Sutherland

  2012 - Present

  As a Partner at Eversheds Sutherland (US) LLP, I advise property and casualty insurance companies, guide the formation of single parent/group captive insurers and counsels risk retention groups. I assist clients with the navigation of complex federal income tax issues such as debt or equity characterization, engaging in U.S. trade or business issues, continuity of interest, passive foreign investment company status, controlled foreign corporation status, limitations on the use of net operating losses, cancellation of indebtedness income, consequences of debt modification, original issue discount, federal excise tax and state premium tax on premiums paid to foreign investors.