Press Release: Dealing the Ferrari off the block

Attorney Mark Horwitz has announced that his client Walter Medlin has paid all back taxes owed to the Internal Revenue Service, thereby nullifying the IRS’ plan to auction Medlin’s rare 1967 Ferrari P4 to satisfy the tax lien.

For more information, please see the release below.

NEWS FOR RELEASE

PAYMENT OF BACK TAXES PUTS END TO AUCTION OF RARE P4 FERRARI

ORLANDO, Fla. (March 11, 2005) ­ Attorney Mark Horwitz has announced that his client Walter Medlin has paid all back taxes owed to the
Internal Revenue Service, thereby nullifying the IRS’ plan to auction Medlin’s rare
1967 Ferrari P4 to satisfy the tax lien.
The remaining balance of the total $2,921,293 taxes and interest owed was paid in Orlando on Wednesday, March 9. This payment satisfied all
IRS tax liens.
The auction of the P4 had been planned for March 30 in Phoenix, Ariz. Horwitz says that, with the tax bill now settled in full, Medlin has initiated the process of obtaining the car back from the IRS.

About Mark Horwitz: With more than 30 years experience as a defense attorney, Horwitz specializes in white-collar crime and, more specifically, in the areas of tax evasion, mail and wire fraud. A Fellow of the American College of Trial Lawyers, Horwitz’s legal experience includes not only private practice, but also many years as an Assistant United States Attorney. Horwitz is a member of The Florida Bar, The Colorado Bar and The District of Columbia Bar. Horwitz also is a Board Certified Criminal Trial Advocate of the National Board of Trial Advocacy and is certified as a Criminal Trial Specialist by The Florida Bar.

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