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. Our bond counsel practice has earned a reputation for excellent, efficient and highly responsive service to our township clients. Over the past four decades, we have served as bond counsel as well as underwriters counsel on a. In the opinion of bond counsel, interest on the notes will be. Nabl home nabl announces 2020 scholarship recipients. Our public finance attorneys currently serve as bond counsel to more than one hundred governmental entities throughout the state. 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. We are listed in the red book directory of nationally recognized bond counsel. With substantial experience in all phases of economic development, municipal bonds and public finance, we have worked as bond counsel in both taxexempt and taxable bond issues.
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. Public finance, bond counsel, corporate finance barrett. For his many legal accomplishments over the course of his career, david has been honored as a leading lawyer for business by chambers usa, among other distinctions. Bond has acted as bond counsel to municipalities and school districts for more than 30 years. Bond public finance attorneys are national recognized in the red book. 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. 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. For more information regarding bond counsel or local counsel selection contact the michigan bar association 18009681442, or the american bar association 18002852221. 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. Public finance lm tatum, pllc, the tatum law practice, san.
Bond counsel is a key professional in any municipal bond transaction. In addition, the red book the bond buyers municipal marketplace more commonly known as the red book lists nationally recognized bond counsels by location. Listed continuously since 1958 as a nationally recognized bond counsel firm. Book entryonly in the opinion of bond counsel, interest on the notes will be excludable from gross income for. Principles of federal appropriations law, also known as the red book, is gaos multivolume treatise concerning federal fiscal law. Sep 24, 2008 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 counsel for the project or series of projects submit proposals. An essential member of a governmental issuer s bond financing team is bond counsel. Louisiana public finance attorney dunlap fiore, llc. The bond buyers municipal marketplace the red book listed continuously since 1958 as a nationally recognized bond counsel firm. The groups public finance practice is listed in the sole bond counsel section of the bond buyers municipal marketplaceaka the red book and concentrates on serving as bond counsel in governmental purpose financings for maryland counties, municipalities and public entities, as well as in tax increment financing and special taxing. We couple our significant bond counsel experience in traditional governmental bonds, small issue private activity bonds and qualified 501c3 bonds. They may be advertised in bond buyer andor sent directly to firms via email or snail mail most are sent by email today.
As a result, parker mccay is listed as a nationally recognized bond counsel firm in the bond buyers municipal marketplace the red book. Nabl is pleased to announce the five recipients of the 2020 frederic l ballard, jr. Over the past four decades, we have served as bond counsel as well as underwriters counsel on a wide variety of public financings. A bond counsel will issue a legal opinion relating the taxation of the interest payments.
I had heard of no book of any color except redbook a socalled womens magazine, for those not in the know and i had certainly never stepped foot in a law firm that remains true today. Foster swift bond counsel practice how we serve townships. Bond counsel is an attorney for the issuer of municipal securities who renders the legal opinion as to the tax status of interest payments and as to the authority of the issuer to sell the bonds. The red book provides text discussion with reference to specific legal authorities to illustrate legal principles, their application, and exceptions. The function and professional responsibilities of bond counsel. Fiores practice also includes a focus on public finance transactions for which she serves as bond counsel to various local governmental issuers, including municipalities, and political subdivisions. Media kit 2019 the bond buyers municipal marketplace the. Conflicts of interest involving bond counsel jstor. 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. Washington and wells has served as bond counsel on numerous transactions for the city of shreveport as well as the port of caddobossier. 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. We advise and represent michigan townships, cities, counties, villages, school districts, libraries, drainage districts and other clients on the full spectrum of bonds, public finance and public private partnerships p3.
The firm has been granted inclusion in the bond buyers municipal marketplace directory of municipal finance attorneys the red book and is accorded the status of nationally recognized bond counsel. Bond counsel represents the authority, drafting necessary resolutions and financing documents concerning the project. Bond has been engaged in public finance for over 30 years and we are included in the red book i. Our firm has offered continuous bond counsel to longstanding clients since 1958. Our firm pope flynn a law firm serving north and south. At that point, i could not have named a single law firm in the entire world if you had put a hypothetical gun to my head. Selecting bond counsel government finance officers association.
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. The bond buyers municipal marketplace the red book. He is listed in the bond buyers municipal marketplace red book as a nationally recognized bond counsel. Nationally recognized bond counsel legal definition of. The essentials conference offers a comprehensive overview of core areas and fundamental. Nationally recognized bond counsel legal definition of nationally. The bond buyers municipal marketplace as nationally recognized bond counsel. Rfps today may be distributed in a variety of ways. Municipal bonds and public finance bowles rice llp. We serve as bond counsel, underwriters counsel, disclosure counsel, issuers counsel, lender and credit enhancers counsel, and trustees counsel. Now in its ninth year, the scholarship provides recipients with the opportunity to attend nabl us the essentials, june 1012, 2020, in dallas, tx. Navigating recent federal contractor ethics rules, association of corporate counsel, baton rouge, louisiana, november, 2011.
Since the 1930s, the bond buyers municipal marketplace, known as the red book, remains the most respected source of qualified contact information in the municipal bond industry. 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. Public finance bond attorneys parker mccay serving new. Qualifications the american college of bond counsel. The types of political entities, commissions or special. The red book does not distinguish between publicly or privately sold issues, taxable or taxexempt issues, general obligation or revenue bonds. Lm tatum, pllc earned its listing in october of 2011 in the bond buyers municipal marketplace red book directory as bond counsel and underwriters counsel serving as counsel to municipalities and school districts. We also rank in the top four minnesota law firms for dollar volume of governmentissued bonds. We bring to clients strong professional relationships with local governmental and regulatory authorities across the firms u. The american college of bond counsel was formed 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. The firms serving as bond counsel were conservative, generally.
On a national basis, members of our team have served as bond counsel. 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. Benjamin represents private and public clients, including local governments, in public finance, corporate, public policy and regulatory matters. Foster swift is a nationally recognized bond counsel and disclosure counsel firm. Jan 26, 2016 foster swift is a nationally recognized bond counsel and disclosure counsel firm. Our firm has been listed by the bond buyers municipal marketplace the red book as nationally recognized bond counsel speak with. The red book is used daily by participants across many segments of the municipal marketplace. 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. 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. 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. Even though the term nationally recognized bond counsel is generally interpreted to mean that a firm or lawyer is listed in the. We advise and represent michigan townships, cities, counties, villages, school districts, libraries, drainage districts and other clients on the full spectrum of bonds, public finance and. Fellows of the acbc american college of bond counsel.
Our firm is headquartered in the historic armory square district in syracuse, new york. See rating and bond insurance and bond insurance general risks herein official statement dated. Selecting bond counsel government finance officers. General obligation bonds, municipal revenue bonds, exempt organization bonds including health care, higher education, schools and cultural institutions, bonds backed by corporate or project revenues, multifamily housing bonds, singlefamily housing bonds, student loan bonds, securities law. Both the firm and our bondapproving attorneys are listed in the bond buyers municipal marketplace red book. 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. 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. This occurred within six 6 months of the firm opening its doors. Since 1958, we have been listed continuously as a nationally recognized bond counsel firm in the bond buyers municipal marketplace the red book. Jones walker is a nationallyrecognized bond counsel firm currently listed in the bond buyers municipal marketplace the red book. Qualifications about the acbc american college of bond counsel. She is regularly involved in public finance transactions as counsel to public authorities, local governments, charter schools and taxexempt organizations. 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.
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. Powered by the red book, municipal marketplace online connects the municipal bond professionals across the industry who make deals happen. She is listed in the bond buyers municipal marketplace, better known as the red book as sole bond counsel. Media kit 2019 the bond buyers municipal marketplace. 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. Powered by the bond buyers municipal marketplace or the red book. Duane morris municipal finance attorneys have been included in the red book for more than 25 years.
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