Thomas X. Fritsch

Of Counsel

Thomas X. Fritsch

Of Counsel

Tom Fritsch has a range of legal experience that is matched by very few lawyers anywhere in the country. Over the past 27 years, Tom has practiced corporate law at some of the nation’s most prestigious law firms and has also been the General Counsel of a family office, Smith Management; a Partner and the General Counsel of a multibillion dollar hedge fund, Plainfield Asset Management; the General Counsel of a multibillion dollar private equity fund, Alterna Capital Partners; and the General Counsel of a registered investment advisor and affiliated insurance company, Haven Asset Management and Time Insurance Company.

During the course of Tom’s career he has worked on a wide array of corporate matters including numerous M&A transactions, joint ventures, lending transactions, corporate restructurings and corporate governance matters.

As a reflection of Tom’s broad-based experience in transactional matters, he was appointed as Foley’s first ever Knowledge Management counsel for the Business Law Group. Tom is also one of the leaders of the firm’s Corporate Transparency Act task force. Tom is a member of the firm’s Transactions and Insurance Practice Groups.

Representative Experience

  • Represented Dellwood Insurance Group, a joint venture of several of the nation’s leading insurance companies and professionals, in its formation, initial capital raise and launch as a new nationwide excess and surplus lines (E&S) insurance holding company
  • Represented Goosehead Insurance in its acquisition of Vivint Smart Home’s insurance book of more than 15,000 policies
  • Represented VIVE Collision in its acquisition of the several automotive repair businesses
  • Represented Integrity Marketing Group in its acquisition of several insurance agencies
  • Represented the owners of Digital Edge, a leading digital marketing firm, in its sale to Agital Holdings
  • Represented Accurisk Solutions in its acquisition of Matrix Group Benefits

Affiliations

  • Board member, Westchester Youth Soccer League
  • Certified as a public accountant in 1993 (inactive)
24 March 2025 Foley Viewpoints

FinCEN Removes Beneficial Ownership Reporting Requirements for U.S. Companies and U.S. Persons, Sets New Deadlines for Foreign Companies

On March 21, 2025 the Financial Crimes Enforcement Network issued an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to FinCEN under the Corporate Transparency Act.
04 March 2025 Foley Viewpoints

Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies

The Treasury Department announced plans to significantly narrow beneficial ownership information reporting obligations under the Corporate Transparency Act.
28 February 2025 Foley Viewpoints

FinCEN Not Issuing Fines or Penalties in Connection with Beneficial Ownership Information Reporting Deadlines for Now

FinCEN announced that it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial ownership information reports pursuant to the Corporate Transparency Act by the current deadlines.
19 February 2025 Foley Viewpoints

FinCEN Resumes Corporate Transparency Act Enforcement

The last remaining nationwide injunction prohibiting enforcement of the Corporate Transparency Act (CTA) has been stayed, clearing the way for the federal government to resume enforcing the CTA.
24 January 2025 Foley Viewpoints

Corporate Transparency Act Enforcement Remains Paused

On January 23, 2025, the U.S. Supreme Court issued a stay of the nationwide preliminary injunction issued by a federal district court in Texas in December 2024 in the Texas Top Cop Shop litigation.
27 December 2024

Nationwide Injunction Reinstated: Corporate Transparency Act Enforcement Paused