| “The role of bond lawyers has changed over time in response to the needs of the market. Initially, bond counsel merely reviewed documents prepared by another lawyer to determine if an unqualified legal opinion on the validity of a new issue could be delivered. As you well know, the role of bond lawyers has expanded and now includes many more tasks, such as drafting the transaction documents, rendering informal advice about the legality of varying financing structures, participating in the preparation of disclosure documents, and providing opinions on the tax-exempt status of the bonds and their exemption from registration. What hasn't changed is the importance that investors place on bond counsel serving as their ‘watchdog.’" |
Roel C. Campos SEC COMMISSIONER September 15, 2005 |
The complexities of issuing tax-exempt bonds in today’s highly regulated environment require that legal counsel not only be knowledgeable in municipal finance law issues, but also be well versed in all facets of government and business operation.
The attorneys in the firm’s Tax-Exempt Financing Group have the experience and knowledge to perform a wide range of public finance activities, many of which involve innovative and complex financing transactions related to tax-exempt bonds and similar debt instruments.
Depending upon the particulars of the transaction, attorneys from other disciplines may be called upon to handle issues relating to environmental law, tax, real estate, tax-exempt organizations, and regulatory issues.
The diversity of our lawyers and the depth of our practice enable HSE’s Tax-Exempt Financing Group to promptly and efficiently meet our clients’ day-to-day and extraordinary legal needs as they arise.
OUR CLIENTS
Municipalities
Underwriters
Borrowers (public & private companies, academic institutions, health care facilities)
Investment Banks
Financial Institutions
Industrial Development Agencies
Not-for-Profit Organizations/Foundations
FOR FURTHER INFORMATION:
Raymond P. Miller