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   3Philip R. FrankfortRockford(815) 962-7071pfrankfort@hkrockford.compfrankfort@hkrockford.comHolmstromKennedyPCwww.hkrockford.comwww.hkrockford.comfrankfortphilip.jpgAssociation & Non-Profit LawClosely & Privately Held Business LawHealth Law
Philip R. Frankfortpfrankfort@hkrockford.com
HolmstromKennedyPChttp://www.hkrockford.com
800 N Church St
PO Box 589
Rockford IL 61105
Ph.(815) 962-7071 Fx.(815) 962-7181
Recommended by peers in:
Association & Non-Profit Law
Closely & Privately Held Business Law
Health Law
Advisory Board Member
County:  Winnebago
Practice Description:  
Philip R. Frankfort has more than 40 years of experience representing closely held business entities and healthcare organizations, primarily involving business transactions, entity formation and operation, tax-exemption matters, and regulatory compliance. He has also maintained an active estate planning practice, primarily for the owners or executives of his entity clients and their families. His healthcare practice includes hospital and physician compliance with tax-exemption requirements and other federal statutes such as Anti-Kickback and Stark; hospital-physician transactions; practice sales and acquisitions; and joint venture formation and operation. In addition to tax-exempt healthcare entities, he has represented a variety of social service and religious organizations, as well as private foundations.


Bar Admissions:  
Illinois, 1974
U.S. District Court, Northern District of Illinois, 1977
Virginia, 1978
7th U.S. Circuit Court of Appeals, 1981
Arizona, 1994


Hourly Rate:  $300.00-$400.00 per hour.

Retainer:  Varies by case.

Year of Birth:  1948

Law School:  University of Arizona College of Law, J.D., 1974

Law School Honors/Involvement:  With high distinction, Order of the Coif

Undergraduate School:  University of Arizona, B.S., 1970

Undergraduate School Honors/Involvement:  With distinction

Representative Clients:  
Hospitals, medical groups, tax-exempt organizations, closely held business entities.


Employment History:  
HolmstromKennedyPC, 1974-present
  Partner


Bar/Professional Association Involvement:  Winnebago County Bar Association
Winnebago County Bar Foundation
  Former president
Illinois State Bar Association
American Bar Association
American Health Lawyers Association

Awards; Honors; Distinctions:
  • Martindale-Hubbell AV® Peer Review Rating
  • Illinois Super Lawyer®
  • Leading Lawyers, selected by peers in Association & Non-Profit Law, Closely & Privately Held Business Law, and Health Law, 2003-present


Community Involvement:  
Swedish American Hospital
  Institutional Review Board
  Bioethics Committee
Norris and Margaret Aldeen Foundation
Second Congregational Church Foundation


Firm Description:  
HolmstromKennedyPC is an 18-lawyer general practice firm with roots extending back to the 1920s. Its large and diverse clientele includes small and medium size businesses, governmental entities, medical organizations, and individuals. Areas of practice include business and commercial transactions and litigation, financial services, mergers and acquisitions, health care, labor and employee relations, intellectual property, commercial and residential real estate, estate planning and probate, corporate bankruptcy and reorganization, creditor's rights, insurance defense (with an emphasis on professional malpractice defense), administrative law, trial and appellate practice in all courts, and alternative dispute resolution.


1037699
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