PROFILE AT A GLANCE
Senior Advisor, CPG Law
AV Rated by Martindale Hubble
Areas of practice:
Commercial and Real Property Workouts; Banking; Securities; Corporate; Regulatory; Corporate Restructuring; Bankruptcy and Creditors’ Rights; Foreclosure, Loss Mitigation, Merger and Acquisition
1969 – Florida Bar
1970 – U.S. District Court, Southern District of Florida and U.S. Court of Appeals, Fifth Circuit
1977 – U.S. Supreme Court
1982 – U.S. Court of Appeals, Eleventh Circuit
1984 – District of Columbia
Organizations and Activities:
University of Miami Board of Trustees, 2006 - Present; Chairman, Library Visiting Committee, 2009 - Present; Vice Chairman Student Affairs Committee, 2008 - 2009
Member, Miami Business Forum (formerly the “Non-Group”), 2004 - 2008
Board Member, I Have a Dream Foundation Miami, 1995 - present
Member, Business Executives for National Security (BENS), 2005 - 2009
Chairman, Attorney’s Committee for Florida League of Financial Institutions, 1984 - 1987
Switchboard Miami “Community Impact Award” recipient, 2006
Member of the Board of Directors, State of Florida Housing Finance Agency, 1984 - 1987
Special Counsel, City of Miami Springs Sewer Bond Validation, 1971
Cornell University Law School and University of Miami School of Law, J.D., cum laude, 1969
Wharton School, University of Pennsylvania, B.S. in Economics, 1966
Author: "Socio-Legal Study of the Dade-Collier Jet Port," for the Urban Study Center, University of Miami, 1969
Alfred Camner—Senior Advisor
Alfred R. Camner is a legal, business, and financial authority with over four decades of hands-on experience in the foundation, management, and counsel of corporations and other organizations. He has been directly involved in the creation of new entities, the expansion of existing firms, the initiation of public offerings, and the sale, acquisition and restructuring of companies. Currently serving as Senior Advisor to the law firm of Camner Lipsitz, P.A., he also provides guidance to members of Boards and owners of financial institutions regarding defensive actions in the current economic environment. A native Floridian who has worked extensively on both local and national stages, Mr. Camner’s varied perspectives provide a deep and holistic understanding of finance, structure, culture, and operations of companies.
In the late 1960s, Mr. Camner began his legal career at Feibelman, Friedman, Hyman and Britten. Mentored by The Honorable Paul Hyman and The Honorable Herbert Stettin, he worked on civil litigation, bankruptcy cases and business restructuring. He went on to serve as in-house Assistant General Counsel to Republic Mortgage Investors, a REIT that was a nationwide lender headquartered in Miami, Florida. In that capacity, he worked on major restructurings and workouts, including that of one of the largest builders in Orlando.
Mr. Camner co-founded the firm Stuzin and Camner (later Camner Lipsitz), a law practice that has represented a who’s who of Florida and national financial and real-estate institutions. As Managing Director, he led the legal accounts for publicly traded clients such as Citizens Savings Financial (“Citizens”) and Loan America Financial Corporation. Serving as General Counsel to Citizens, he successfully completed exchanges of subordinated debt for non-cumulative preferred stock to meet the FIRREA core capital standards. In connection with institutional acquisitions, he oversaw legal work for workouts of real estate and commercial properties throughout the country. Other activities included transactions related to condominiums, PUDS, shopping centers, track housing and office buildings as well as land development and construction loans. Government clients included the Resolution Trust Corporation (RTC), the Federal Savings and Loan Insurance Corporation (FSLIC), and the Federal Deposit Insurance Corporation (FDIC), the last for which Mr. Camner directed workouts of assets in Penn Square Bank and Continental Illinois. He also served on the Board of CSW Associates, Inc., a national residential company responsible for the sale and disposition of affordable housing, primarily for the RTC and the FDIC.
In 1984, Mr. Camner founded United Savings Association, which he restructured to become the federally chartered savings association and public company BankUnited Financial Corporation. Over 25 years, while serving in the roles of President, CEO, and COO, he grew the institution into a $15 billion bank, the largest financial institution headquartered in the state of Florida. Managing over 1,500 employees, he directed the company until his retirement in October 2008. He was active in a range of matters including budgeting, finance and regulatory matters. He was also directly involved with investors and investment banks in the raising of capital and issuance of debt and convertible instruments.
Selected Legal and Business Activities:
· Established and completed the Citizen Federal charter conversion from mutual to stock, one of the first in the country, setting the trend for the industry
· Oversaw Citizens Federal’s acquisitions and resulting workouts of financial institutions located in California, Ohio, Illinois and Virginia
· Guided the sales as counsel of a number of financial institutions with multi-billions in assets including Citizens, then the largest savings and loan headquartered in Florida, to NationsBank; Similarly, as a principal stockholder, board member, and executive committee member, participated in the sale of Loan American Financial Corporation to Barnett Bank and directed all of the legal work for the transaction
· Established the first Florida holding company of a federally chartered savings and loan association
· Engineered tax-free spinoff of mortgage banking division of Citizens Federal into a publicly traded entity, Loan America Financial Corporation
· Provided expertise in the financial accounting area including appearing before the Financial Accounting Standards Board (FASB) for determination of capital standing of FSLIC permanent income capital certificates; Supervising specified interpretation requests for the Emerging Issues Task Force (EITF); Investigated fraud matters, and prosecutions of bond claims as they relate to employees, accountants and others
· Serves on the University of Miami Board of Trustees, at various times as a member of the Finance, Investment, Student Affairs (Vice Chairman), Real estate and Master Planning Committees; Is currently serving as Chairman of the Trustees’ Library Visiting Committee
· Restructured Midwest Mortgage Group involving insurance and mortgage banking entities
· As special counsel, litigated a bond validation for the City of Miami Springs and successfully argued the appeal before the Florida Supreme Court
Additionally, Mr. Camner has served as a member of the Florida Housing Finance Agency; Chairman of the Attorneys Committee of the Florida League of Financial Institutions; a member of the Miami Business Forum; and has been active as a member of a number of national advisory committees and individually concerning banking and tax legislation in the U.S. Congress. He takes great pride in having set the standards for his companies’ significant involvement in community and cultural activities, including participation with Florida universities and inner city schools and groups like United Way, Habitat for Humanity, the local Chambers of Commerce, and the Florida Grand Opera. He also is on the board of the I Have a Dream Foundation of Miami and was awarded the Switchboard Miami Community Impact Award in 2006. The Camner Family Foundation has endowed the Camner Family Academic Resource Center at the University of Miami which assists learning disabled students.
CPG Law | 2665 South Bayshore Drive, Suite 100 | Miami, FL 33133
Phone: 305.851.2992 | Fax: 305.442.0657