Upon joining Buchanan in May of 2014 I have been an active partner in the firm's... more
Upon joining Buchanan in May of 2014 I have been an active partner in the firm's Financial Institutions/Bankruptcy/Real Estate (FIBRE) group. My practice will be focusing on public finance, distressed debt and credit facility work. I actively administer the firms municipal corporate trust practice and am working within the firm's public finance group to increase the firm's municipal bond counse... view profile
Much of the financing for state and local needs, like schools, roads, and affordable housing, comes from the sale of tax-exempt municipal bonds to investors. Basically, investors are loaning the government the money for construction costs; in exchange investors receive tax-free interest payments on their loan. Lawyers who understand public finance issues help the government meet the legal requirements for the sales process and package the bonds for sale. Since different levels of risk are associated with loaning to different government organizations, bond and public finance attorneys also help investors calculate the risks before making such loans.