# Karen S. Crawford

> Federal judicial disclosures.

URL: https://www.frixlaw.com/law-library/disclosures/32177

## Record

- **Judge:** Karen S. Crawford
- **Year:** 2019
- **Pages:** 17

## Text

Trust Acct. No. 1 (Vanguard)
Ca. Municipal Money Market Fund — Distribution
Trust Acct. No. 4 (Y)
Capital World Growth and Income Fund-529A — Interest
Growth Fund of America-529A — Interest
Income Fund of America-529A — Interest
Investment Co. of America-529A — Interest
New Perspective Fund-529A — Interest
New World Fund-529A — Interest
SMALLCAP World Fund-529A — Interest
Washington Mutual Investors Fund- 529A — Interest
Custodial Acct. No. 2 (American Funds)
New Perspective Fund-529A — Interest
Capital World Growth and Income-529A — Interest — Sold
Retirement Acct. IRA No. 1 (TIAA/CREF)
TIAA/CREF Traditional — Interest
CREF/CREF Global Equities — Interest
Retirement Acct. IRA No. 2 (Schwab)
TIAA CREF Lifecycle 2020 Institution — Interest
Retirement Acct. IRA No. 3 (Schwab)
DFA US Large Cap Value I — Interest
Schwab Institutional Large Cap Value — Interest
William Blair Large Cap Growth I — Interest
DFA Small Cap — Interest
Ivy Mid Cap Growth I — Interest
Royce Opportunity Instl. — Interest
Dodge & Cox Balanced — Interest
BlackRock Low Duration Bond Instl. — Interest
Metro. West Total Return Bond — Interest
Retirement Acct. IRA No. 4 (UBS)
Checking Acct. (UBS) — Interest
Ca.Tax Exempt Money Market — Interest
Mass. Mutual Life Exec Group Life, Strategic Group Universal Life Ins. — Interest
Chase Cash Checking Acct. — None
Brokerage Account #2 (H)
Brokerage Account #4 (H)
Brokerage Account #5 (H)
Brokerage Account #7 (H)
MO ALTRIA GROUP INC — Dividend
GOOG ALPHABET INC — None
AAPL Apple Inc. — Dividend
BAC BANK OF AMERICA — Dividend
BRKB BERKSHIRE HATHAWAY INC- DE — None
BAM BROOKFIELD ASSET MGMT — Dividend
COF CAPITAL ONE FINL CORP — Dividend
Cash (TD Bank USA FDIC ins. dep.) and cash — Interest
CX Cemex, S.A.B. De C.V. Sponsored — None
CHK CHESAPEAKE ENERGY — None
CKH Seacor Holdings Inc Com — None
KO COCA COLA CO — Dividend
DEO DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS (X) — Dividend
EOG EOG RESOURCES — Dividend
XOM Exxon Mobil Corporation Com — Dividend
FB Facebook — None
FRFHF FAIRFAX FNL HLDGS — Dividend
GE GENERAL ELECTRIC CO — Dividend
IVV Ishares Core S&P 500 — Dividend
CKHUY CK Hutchinson Holdings — Dividend
JEF JEFFERIES FINANCIAL GROUP INC (formerly LUK LEUCADIA NATL CORP) — Dividend
L LOEWS CORPORATION — Dividend
LPG DORIAN LPG LTD — None
MKL MARKEL CP COM — None
MSFT Microsoft Corporation — Dividend
NSRGY NESTLE SA SPONSORED ADRS REGISTERED — Dividend
ORCL ORACLE CORP — Dividend
PM PHILIP MORRIS INTL COM — Dividend
PXD Pioneer Natural Resources Company — Dividend
SMHI SEACOR MARINE HLDGS INC — None
SPEM SPDR PORTFOLIO EMG MK ETF — None
SPDW SPDR PORTFOLIO DEVLPD ETF — Dividend
SPTM SPRD SERIES TRUST PORTFOLIO TL STK ETF — Dividend
SU Suncor Energy Inc. Com — Dividend
Treasury Bonds T-Bill — Interest
UTX UNITED TECH CORP — Dividend
V VISA INC — Dividend
YUM YUM BRANDS — Dividend
YUMC Yum China Holdings Inc. — Dividend
Brokerage Account #9 (H)
GOOG Alphabet Inc Class C — None
AAPL Apple Inc. — Dividend
BRKB BERKSHIRE HATHAWAY INC- DE — None
Cash (TD Bank USA FDIC ins. dep.) and cash — Interest
CHK Chesapeake Energy Corp Com — None
CKH Seacor Holdings Inc Com — None
KO COCA COLA CO — Dividend
LPG DORIAN LPG LTD — None
XOM Exxon Mobil Corporation Com — Dividend
CKHUY CK Hutchinson Holdings Ltd Adr — Dividend
JEF JEFFERIES FINANCIAL GROUP (formerly LUK LEUCADIA NATL CORP) — Dividend
L LOEWS CORPORATION — Dividend
MKL Markel Corp Com — None
ORCL Oracle Corp Com — Dividend
PM PHILIP MORRIS INTL COM — Dividend
SPEM SPDR PORTFOLIO EMG MK ETF — None
SPTM SPDR SERIES TRUST PORTFOLIO TL STK ETF — Dividend
Treasy Bonds - T-Bills — Interest
Treasury Bonds - TIPS — Interest
Brokerage account #10 (H)
Brokerage Account #2 (H)
Brokerage Account #4 (H)
Brokerage Account #5 (H)
Brokerage Account #7 (H)
MO ALTRIA GROUP INC — Dividend
GOOG ALPHABET INC — None
AAPL Apple Inc. — Dividend
BAC BANK OF AMERICA — Dividend
BRKB BERKSHIRE HATHAWAY INC- DE — None
BAM BROOKFIELD ASSET MGMT — Dividend
COF CAPITAL ONE FINL CORP — Dividend
Cash (TD Bank USA FDIC ins. dep.) and cash — Interest
CX Cemex, S.A.B. De C.V. Sponsored — None
CHK CHESAPEAKE ENERGY — None
CKH Seacor Holdings Inc Com — None
KO COCA COLA CO — Dividend
DEO DIAGEO PLC-SPONSORED ADR NEW REPSTG 4 ORD SHS (X) — Dividend
EOG EOG RESOURCES — Dividend
XOM Exxon Mobil Corporation Com — Dividend
FB Facebook — None
FRFHF FAIRFAX FNL HLDGS — Dividend
GE GENERAL ELECTRIC CO — Dividend
IVV Ishares Core S&P 500 — Dividend
CKHUY CK Hutchinson Holdings — Dividend
JEF JEFFERIES FINANCIAL GROUP INC (formerly LUK LEUCADIA NATL CORP) — Dividend
L LOEWS CORPORATION — Dividend
LPG DORIAN LPG LTD — None
MKL MARKEL CP COM — None
MSFT Microsoft Corporation — Dividend
NSRGY NESTLE SA SPONSORED ADRS REGISTERED — Dividend
ORCL ORACLE CORP — Dividend
PM PHILIP MORRIS INTL COM — Dividend
PXD Pioneer Natural Resources Company — Dividend
SMHI SEACOR MARINE HLDGS INC — None
SPEM SPDR PORTFOLIO EMG MK ETF — None
SPDW SPDR PORTFOLIO DEVLPD ETF — Dividend
SPTM SPRD SERIES TRUST PORTFOLIO TL STK ETF — Dividend
SU Suncor Energy Inc. Com — Dividend
Treasury Bonds T-Bill — Interest
UTX UNITED TECH CORP — Dividend
V VISA INC — Dividend
YUM YUM BRANDS — Dividend
YUMC Yum China Holdings Inc. — Dividend
Brokerage Account #9 (H)
GOOG Alphabet Inc Class C — None
AAPL Apple Inc. — Dividend
BRKB BERKSHIRE HATHAWAY INC- DE — None
Cash (TD Bank USA FDIC ins. dep.) and cash — Interest
CHK Chesapeake Energy Corp Com — None
CKH Seacor Holdings Inc Com — None
KO COCA COLA CO — Dividend
LPG DORIAN LPG LTD — None
XOM Exxon Mobil Corporation Com — Dividend
CKHUY CK Hutchinson Holdings Ltd Adr — Dividend
JEF JEFFERIES FINANCIAL GROUP (formerly LUK LEUCADIA NATL CORP) — Dividend
L LOEWS CORPORATION — Dividend
MKL Markel Corp Com — None
ORCL Oracle Corp Com — Dividend
PM PHILIP MORRIS INTL COM — Dividend
SPEM SPDR PORTFOLIO EMG MK ETF — None
SPTM SPDR SERIES TRUST PORTFOLIO TL STK ETF — Dividend
Treasy Bonds - T-Bills — Interest
Treasury Bonds - TIPS — Interest
Brokerage account #10 (H)
Member, Executive Board, Wallace Chapter, American Inn of Court
Member, Past President, Executive Board, Welsh Chapter, American Inn of Court
Member, Council of Visitors, California Western School of Law
Trustee, Trust No. 1
Trustee, Trust No. 2
Trustee, Trust Nos. 3, 4
Custodian, Custodial Accounts, Nos. 1, 2
44 and 50 Not listed in Section VII and reasons therefore:
1. Trust No. 1: Trust account for trust related expenses.
2. Trust No. 2: Trust account created for benefit of filer.
3. Trust Nos. 3, 4: Trust created for the benefit of third parties for which filer was designated as a "trustee" consistent with the controlling Canons of Judicial
Conduct, No. 4(e). Filer has no financial interest in the assets of these trusts, no knowledge of manner in which the principal is invested, and no control or
influence of any kind over investment decisions related to the assets held in this trust. Rather, filer's sole fiduciary responsibility is limited to the exercise of veto
power for requests made by beneficiaries to Trust Nos. 3 or 4 to incur extraordinary expenses as specifically defined by trust document. To reiterate, filer has no
fiduciary responsibilities over the management or investment of the "trust" assets, nor does she have any beneficial interest of any kind in Trust No. 3 and 4.
4. Partnership No. 1: real estate assets for which filer has potential future interest when and if partnership real estate interests are sold. Filer has no direct or
indirect control over holdings, and cannot influence policy or other decisions which affect the purchase, exchange, sale or disposition of the partnership assets.
5. Brokerage account no. 6 was merged in 2013 with another account (see 2013 FDR), and no longer exists.
6. Regarding brokerage account nos. 7, 8, and 9, after consulation with a representative from the Washington, D.C. FDR Office, the delivery of shares of
Hutchinson Whampoa (HUWHY), receipt of new shares of CK Hutchinson Holdings (CKHUY), and related dividents and returns of capital were noted as
follows:

a. HUWHY was held in three accounts on 12/31/15.
b. HUWHY paid a divident in the three accounts in 2015.
c. There was a reorganization (mandatory exchange) on 6/19/15 which resulted, for all three accounts, in the following:
i. All shares of HUWHY were surrendered. This was noted in D(1) as "Distributed" on 6/19/15 (D2) and the dollar value of the "Distributed" shares was noted in
D(3). This was not a taxabe event and there were no capital gains or losses.
ii. There was a "return of capital" which was noted in the following row. The amount of the ROC was noted in B(1) and the type was noted as a distribution in
B(2).
iii. In addition to the return of capital, shares of CKHUY were received (6/19/2015). There was a subsequent divident paid by CKHUY which was ntoed in B(1)
and B(2). In all three accounts, shares of CKHUY were owned on 12/31/2015. The value was noted in C(1) and C(2). The acquisition of shares of the CKHUY
was noted in D(1) as a spinoff from HUWHY, on 6/19/15(D2) and the dollar value of the shares of CKHUY which were received was noted in D(3).
7. In Part VII, lines 54 and 62, William Blair Large Cap Growth I and MainStay Marketfield I are listed. Both of these assets were acquired on 12/31/2013. The
William Blair Large Cap Growth I was acquired for $10.33 per share, for an aggregate total purchase price of $7,234.61. The MainStay Marketfield I asset was
acquired on the same date for $18.52 per share, for a total of $7,234.64.
8. PCP (Precision Castparts) was fully acquired, for cash, by Berkshire Hathaway, on February 1, 2016. This acquisition was taxable and was listed on 1099s as a
salee. It is listed, in several accounts, as a sale in section D.
9. Note that line #143, listing SPY in brokerage account #5 does not have a corresponding acquisition listed on the 2015 FDR. This was an error. The 2015
report listed account #5 as holding cash at year-end. It should have listed the following: Column A: -SPY SPDR S&P 500 ETF; Column B(1): A; Column B(2):
Divident; Column C(1): J; Column C(2): T; Clumn D(1): Buy; Column D(2): 03/13/15; Column D(3): J.
10. Note that COSWF was 100% acquired by SU (Suncor) on March 24, 2016. This was a non-taxable transaction, in which COSWF shareholders relinquished
their shares, which were exchanged for SU shares. The manner in which the 2016 FDR reports these holdings for all accounts was suggested by FDR staff on
7/27/2017.
11. Note that the increase in cash, held in brokerage account Nos. 8, 11, 12, and trust account No. 1 was due to inheritance in 2016.
12. In Part VII, lines 1, 4, 9, 20, 26, 30, 33, 45, 51-54, 138, and 170 are headings only.
13. In Part VII, line 2, the Vanguard "Ca. Municipal Money Market Fund" is the same as the 2015 Vanguard "Ca. Tax Exempt Money Market Fund." The name of
the Fund was changed by Vanguard sometime after the filing of the 2015 Report.
14. In Part VII, lines 79-93, the assets were acquired in trust through inheritance in 11/2016. The equities are not listed at line 86, as they were transferred to other
accounts in 2017, and will be listed separately in my 2017 Financial Disclosure.
15. Part VII, lines 711-72, these accounts were transferred to TDAmeritrade on 11/10/2010, and were inadvertenly excluded from earlier filed Financial Disclosure
reports.
16. Part VII, lines 10-12, these accounts were sold in March 2012 for the Total International Stock Admiral and Total Bond Market Index Admiral (lines 10 and
11), and in June 2012 for the Total Stock Market Index Admiral (line 12). This information was inadvertenly not included in earlier Financial Disclosure reports.
The 01/01/16 dates were included in the current submission as the system would not permit recordation of an earlier correct date.
17. Part VII, lines 19, 20 and 24, these assets were distributed on 2/24/2014, 1/1/2015, and 1/1/15, respectively. The same is true for lines 38-40, which were
distributed on 8/12/15. This information was inadvertently not inclued in earlier Financial Disclosure reprots. The 01/01/216 dates were included in the current
submission as the system would not permit recordation of the earlier correct dates.
18. In the 12/19/2017 letter from Judge Trenga, reference is made in the third paragraph on page one to a request for additional information for Part VII, line 332.
I believe that a correction was instead requested for line 32, as there is in line 332 in the report. Accordingly, I have incorporated a correction to Line 32 into this
amended report.
19. Part VII, line 62, assets from this Mainstay Marketfield I were moved, 50/50% on 4/8/2016 to Janus I (line 53) and William Blair Large Cap Growth I (line 54).
20. Part Vll, assets listed in lines 20, 24, were distributed on 7/1/15, and for lines 38 and 39 were distributed on 8/12/15 to make college tuition payments.
21. Brokerage Account #3 was merged with Brokerage Account #2 on 4/3/17. This is recorded as "sold" in Account #3's holding, a cash balance, and "bought"
on line 24 in Account #2. An examiner instructed us to handle merged accounts in this manner during a phone conversation the week of 5/28/2018, and again on
6/11/2018. No capital gain is recorded, as no capital gain was realized.
22. Brokerage Account #8 was merged with Brokerage Account #2 on 11/3/2017. This is reflected in the "buy" transactions in Account #7 and "sell" transactions
in Account #8. The "sell" transactions have no captial gains because they were transferred to a like-titled account, not sold in taxable transactions. This method of
recording the merged accounts was recommended by an examiner telephonically during the week of 5/28/2018 and confirmed on 6/11/18.
23. Brokerage Account #12 was also merged with Brokerage Account #7 on 11/3/17. This is reflected in the "buy" transactions in Account #7 and "sell"
transactions in Account #8. The sell transactions have no capital gains because they were transferred to a like-titled account, not sold in taxable transactions. This
meethod of recording the merged accounts was perscribed telephonically by an examiner during the week of 5/28/2018, and confirmed on 6/11/2018.
sure admissions, as they have are no longer minors and the accounts have been transferred into their names.
24. For Retirement Acct. IRA No. 3 (Schwab), starting at Sec. VII, line 26, one reference to "Schwab Institutional Large Cap Value" was removed, as duplicative.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/disclosures/32177. Public record. Not legal advice.