Since 1958, we have been listed continuously as a nationally recognized bond counsel firm in the bond buyers municipal marketplace the red book. Bond counsel renders an opinion on the validity of the bond offering, the security for the offering, and whether and to what extent interest on the bonds is exempt from income and other taxation. Even though the term nationally recognized bond counsel is generally interpreted to mean that a firm or lawyer is listed in the red book, the red book expressly does not pass on the qualifications of the firms and lawyers in its listing. The american college of bond counsel was formed in 1995 for the purpose of recognizing lawyers who have established reputations among their peers for their skill, experience and high standards of professional and ethical conduct in the practice of bond law. We act as bond counsel for governmental and private uses, 501c3 organizations, exempt facility operators, and lowincome housing developers. Bonds municipality attorneys draw upon the experience of attorneys across the firms practice areas to address the complex issues facing new york state municipalities. The opinion of bond counsel provides assurance both to issuers and to investors who purchase the bonds that all legal and tax requirements relevant to. The bond counsel will also state that the municipality has the authority to sell the bonds and that the bonds are a legally binding obligation of the issuer. Apr 24, 2018 we serve townships throughout michigan from our southfield, grand rapids and lansing offices, all listed in the bond buyers municipal marketplace aka red book, the national directory of municipal bond lawyers. Our experience spans the entire range of public finance, including federal tax law and federal and state. Our firm pope flynn a law firm serving north and south.
Our bond counsel practice has earned a reputation for excellent, efficient and highly responsive service to our township clients. He is listed in the bond buyers municipal marketplace red book as a nationally recognized bond counsel. Qualifications the american college of bond counsel. The red book subscribers include toplevel decisionmakers throughout the country who consider the red book a critical tool for the municipal market. The red book was revised and expanded by the following members of the. Drummond woodsums public finance law team serves as bond counsel and issuers counsel on behalf of municipalities, school districts, counties and other governmental entities. For more information regarding bond counsel or local counsel selection contact the michigan bar association 18009681442, or the american bar association 18002852221. Bond financing can be used for land acquisition, bricks and mortar, furniture, furnishings and equipment and many other costs associated with a schools educational, recreational and charitable purposes, including in proper circumstances refinancing of. Bond counsel shall provide all necessary legal services necessary to issue the bonds, including but not limited to. Experienced since 1973, our bond attorneys practice in all areas of municipal bond issuance, both taxexempt and taxable, including various revenue bonds, general obligation bonds, and limited tax secured bonds. We serve as bond counsel, underwriters counsel, disclosure counsel, issuers counsel, lender and credit enhancers counsel, and trustees counsel. Jan 30, 2014 our lansing, grand rapids and oakland county offices are listed in the bond buyers municipal marketplace known as the red book, the national directory of recognized bond attorneys. The bond buyers municipal marketplace the red book includes a listing of firms that hold themselves out to be bond counsel firms and list the attorneys in those firms who hold themselves out to be bond lawyers.
Bond counsel jack kraft picks the right fights bond buyer. Public finance bond attorneys parker mccay serving new. The city attorney or designee shall notify each counsel listed in the oregon section of the bond buyers directory of municipal bond dealers red book, requesting that those interested in serving as bond. Principles of federal appropriations law, also known as the red book, is gaos multivolume treatise concerning federal fiscal law. The authorities may require the bond counsel firm to be listed as a municipal bond attorney in the bond buyers municipal marketplace directory the red book. At the time a bureau determines it will need bond counsel for a project or series of projects, the bureau will notify the city attorney. Each of our bond attorneys is currently listed in the bond buyers municipal market place, also known as the red book, as sole bond counsel, the highest classification for nationally recognized bond counsel. Jones walker is a nationallyrecognized bond counsel firm currently listed in the bond buyers municipal marketplace the red book. Since 1980, varnum has been listed in the bond buyers municipal marketplace the red book, and several of the firms attorneys are members of the national association of bond lawyers. We serve townships throughout michigan from our southfield, grand rapids and lansing offices, all listed in the bond buyers municipal marketplace aka red book, the national directory of municipal bond lawyers. Selecting bond counsel government finance officers. An essential member of a governmental issuers bond financing team is bond counsel.
Public finance attorneys representing clients involved in public finance transactions, including working with banks and other financial institutions in their roles as lenders, trustees, credit enhancers or liquidity providers, and serve as bond counsel. Dunlap fiore, llc listed by the bond buyers municipal marketplace the red book as nationally recognized bond counsel. Bond counsel jack kraft picks the right fights bond. The firm was designated in 1991 as a red book municipal bond firm, recognition reserved for lawyers who have developed expertise in the legal requirements for the issuances of taxexempt municipal bonds. The bond buyers municipal marketplace as nationally recognized bond counsel. The term nationally recognized bond counsel shall include bond counsel. Our lansing, grand rapids and oakland county offices are listed in the bond buyers municipal marketplace known as the red book, the national directory of recognized bond attorneys. Bond counsel is a key professional in any municipal bond transaction.
Washington and wells has served as bond counsel on numerous transactions for the city of shreveport as well as the port of caddobossier. Our public finance attorneys currently serve as bond counsel to more than one hundred governmental entities throughout the state. Bond counsel renders an opinion on the validity of the bond offering, the security for the offering, and whether and to what extent interest on the bonds. As a result, parker mccay is listed as a nationally recognized bond counsel firm in the bond buyers municipal marketplace the red book. The evaluation of the role of bond counsel has changed from those days when perhaps one or two firms in a given state had lawyers admitted to the roster of the red book bar1 and some states had none. Foster swift bond counsel practice how we serve townships. Nationally recognized bond counsel means such firm or firms approved by the district and found in the current edition of the bond buyers municipal marketplace the red book, its successor publication or, if such publication or its successor ceases to exist, a comparable publication selected by the district. The bond buyers municipal marketplace the red book listed continuously since 1958 as a nationally recognized bond counsel firm.
With more than 17,000 municipal bond professionals, 900 firms, 4,100 offices, and. If the bond counsel has no reservations about the status of the bonds the bond counsel will issue an unqualified legal opinion. The role of the orphans court has broadened to include a more direct role in charitable and nonprofit corporation matters so the volume has been expanded to cover these topics. Municipal market participants sometimes refer to the bond buyers municipal marketplace, a periodic directory known as the red book, which includes a list of public finance lawyers. As we update these chapters, we will also update this table of contents and provide new links. She is listed in the bond buyers municipal marketplace, better known as the red book as sole bond counsel. Bond has been engaged in public finance for over 30 years and we are included in the red book i. He cochairs the firms public finance and affordable housing practices and is listed in the bond buyers municipal marketplace, better known as the red book as sole bond counsel.
Benjamin represents private and public clients, including local governments, in public finance, corporate, public policy and regulatory matters. Bamba has extensive experience with general obligation bonds and revenue based obligations that cities, counties and political subdivisions frequently issue. The bond buyer also ranked us 4th bond counsel firm in the state of new jersey for volume of transactions completed in 2018. Our firm has been listed by the bond buyers municipal marketplace the red book as nationally recognized bond counsel speak with. Public finance, bond counsel, corporate finance barrett.
Media kit 2019 the bond buyers municipal marketplace. Nationally recognized bond counsel means such firm or firms approved by the district and found in the current edition of the bond buyer s municipal marketplace the red book, its successor publication or, if such publication or its successor ceases to exist, a comparable publication selected by the district. Overview of bond financing for nonprofit schools sgr law. The hardwick law firm ranked among the top 25 bond counsel firms in the midwest by the bond buyer. The blue book and therefore no longer appears as part of this treatise. The types of political entities, commissions or special. We also rank in the top four minnesota law firms for dollar volume of governmentissued bonds. We couple our significant bond counsel experience in traditional governmental bonds, small issue private activity bonds and qualified 501c3 bonds. Our current red book consists of chapters of the 4th edition and chapters 515 of the 3rd edition. Even though the term nationally recognized bond counsel is generally interpreted to mean that a firm or lawyer is listed in the. The njedas list of designated bond counsel firms comprises private law firms approved by the state attorney generals office as having particular experience and expertise in this specialized area of federal tax law. The experienced baton rouge public finance attorneys at dunlap fiore, llc, provide experienced counsel and representation to municipalities and bond issuers at any stage of the public financing process.
Powered by the bond buyers municipal marketplace or the red book. A lawyer who represents the bondholders interests during a bond offering and who prepares the legal opinion attesting that the issue is legal, valid and binding. The firms public finance group, headed by eric lafleur, works as bond counsel, issuers counsel, underwriters counsel or in other necessary legal roles to advise and develop the appropriate legal structure needed to address funding capital outlay projects or other budgetary needs. The recommendations found in the government finance officers associations best practices on selecting and managing the method of sale of state and local government bonds, selecting bond counsel, selecting financial advisors, and selecting underwriters for negotiated bond sale will help assure a governments due diligence in selecting outside professionals to assist with the bond sale. We will no longer publish a separate annual update. Recognized, bond buyer red book, bond counsel rated, av preeminent 5. Nonprofit schools increasingly are taking advantage of taxexempt bond financing to fund capital improvements and expansion. Even though the term nationally recognized bond counsel is generally interpreted to mean that a firm or lawyer is listed in the red book, the red book expressly does not pass. The red book provides text discussion with reference to specific legal authorities to illustrate legal principles, their application, and exceptions. Bond counsel represents the authority, drafting necessary resolutions and financing documents concerning the project. Benjamin is experienced with general obligation bonds and revenue based obligations that cities, counties and political subdivisions frequently issue. The firms public finance group, headed by eric lafleur, works as bond counsel, issuers counsel, underwriters counsel or in other necessary legal roles to advise and develop the. Roetzel is a nationally recognized bond counsel firm listed in the bond buyers red book.
The firm is rated av by martindalehubbell, and is one of only two law firms in south carolina which is recognised in martindalehubbells bar register of preeminent lawyers for municipal bond public authority. Well versed in federal and kentucky tax and securities laws, david helps clients navigate the complexities of financings to support the construction and improvement of public facilities. This third edition of the function and professional responsibilities of bond counsel this third edition was prepared by the functions and professional responsibility subcommittee the subcommittee of the national association of bond lawyers nabl and approved by the nabl board of directors the board on october 1, 2011. There is no set standard or generally accepted listing or registry of recognized bond counsel. He presently sits on the board of directors for the louisiana criminal defense lawyers association, and is listed in the municipal marketplace directory, the red book. Both the firm and our bondapproving attorneys are listed in the bond buyers municipal marketplace red book.
Today, the most recent bond buyer red book lists 43 firms in new jersey as sole bond counsel. Selecting bond counsel selecting underwriters for negotiated bond sales pricing bonds in a negotiated sale. Selecting bond counsel government finance officers association. I will never forget these words that someonenow a very good friend, but then a strangersaid to me as we walked into the law school auditorium on the first day of. These include water and sewer revenue based issues and issues. Louisiana public finance attorney dunlap fiore, llc. In addition, the national association of bond lawyers nabl has developed the selection and evaluation of bond counsel to provide guidance to issuers and borrowers. Benjamin is experienced with general obligation bonds and. She is regularly involved in public finance transactions as counsel to public authorities, local governments, charter schools and taxexempt organizations. The firm is approved as bond counsel by both the maine municipal bond bank and the new hampshire municipal bond bank, and is listed in the red book as. Nationally recognized bond counsel legal definition of. The function and professional responsibilities of bond counsel.
654 88 1465 1257 10 1469 1236 605 223 930 118 407 661 1130 687 1117 1456 1419 1512 1063 855 244 1019 28 709 1226 478 1281 175 326 36 870 174 541 1327 552 294 641 1227 738 981 1057 181 672