Locke Lord’s Public Finance Practice Group is a premier, nationally-recognized public finance practice, with over 125 years of involvement in the law of public borrowing and the federal tax and securities aspects of public debt obligations. The Firm’s public finance lawyers have extensive experience nationwide serving as bond counsel, disclosure counsel, underwriters’ counsel, issuer’s counsel, borrower’s counsel, bank counsel, special tax counsel and trustee’s counsel representing the full range of governmental and quasi-governmental issuers, special purpose entities, tax-exempt organizations and other entities and financial institutions. Locke Lord’s public finance lawyers are active in many states across the country and our clients include virtually every type of issuer in the municipal bond market, ranging from states, cities and towns, and numerous other governmental entities and conduit issuers and borrowers including, educational and healthcare institutions. The Firm’s Public Finance Practice Group has one of the largest bond counsel practices in the country.
Each year Locke Lord is an integral participant in hundreds of separate issues of tax-exempt bonds and notes totaling billions of dollars. This high volume of public finance work spans the full range of tax-exempt debt issues, including work with all different types of:
We are frequently asked to draft legislation relating to the establishment of governmental entities and the issuance of their debt. Members of the Firm also play a lead role in nationally organized efforts of bond lawyers and other industry participants to stay informed about and involved with changes in federal tax law, securities law and other aspects of the issuance of public debt, including in our members a past President of the National Association of Bond Lawyers.
Our experience, expertise and exemplary client service have earned us recognition as one of the foremost public finance law firms in the country. We are consistently ranked among the top public finance practices nationally. According to Thomson Reuters, the Firm ranked seventh among top bond counsel in competitive sales for 2018 with 147 issues, which was the highest of any firm. The Firm was ranked as a Metropolitan Tier 1 Firm in the 2018 edition of the Best Lawyers in America publication and as #11 in the nation as bond counsel in 2017 by The American Lawyer Corporate Scorecard. The Firm’s Public Finance practice is also ranked in Band 1, which is the highest ranking available, in Massachusetts by Chambers USA. Moreover, in recent years, the Firm has served as bond counsel to:
The Firm also served as underwriters’ counsel to:
Doug Gray, Bob Durant, Sue Kiernan and Baker Coon (all of Providence) provided pro bono assistance to Ronald McDonald House of Providence in its merger with Ronald McDonald House Charities of Eastern New England.
Richard Miller and Mark-David Adams (both of West Palm Beach), served as bond counsel to the Solid Waste Authority of Palm Beach County on its novel $348 million crossover refunding through the issuance of its “Series 2019 Bonds” directly purchased by Bank of America Merrill Lynch.
Locke Lord’s DeLaina Mulcahy (Houston) created and represented Greater Texas Cultural Education Facilities Finance Corporation to act as a conduit issuer of tax-exempt debt on behalf of the Firm’s client Southwest Transplant Alliance.