Public Finance: Overview
Buchanan Ingersoll & Rooney's Public Finance lawyers have served as counsel in hundreds of tax-exempt and taxable bond issues, including general obligation issues, industrial development bonds, revenue bonds, tax increment financings and tax-exempt leases.
The firm has served as bond counsel, underwriter's counsel, letter of credit bank counsel, borrower's counsel, issuer's counsel and trustee's counsel in diverse financings.
We provide these services for the public underwriting or private placement of bonds issued for municipal infrastructure, educational, health care, housing, industrial and commercial facilities. Our services as bond counsel typically include:
- Providing advice on structure.
- Preparing all documentation required for the valid issuance of the bonds, including legislation, resolutions, trust indentures, security documents, tax certificates and closing papers.
- Delivery of an approving opinion of bond counsel.
- Reviewing preliminary and final official statements, as they relate to the bonds' authorization, security and legality.
- Coordinating the pre-closing and closing.
Buchanan has served as counsel in financings throughout the United States and its territories, including Guam and the United States Virgin Islands.
Buchanan's Public Finance lawyers utilize the broader resources of the firm's capabilities, including tax, health care, banking, corporation law, corporate finance, securities law, labor and employment, estates, environmental law, real estate law and litigation. Our tax attorneys handle tax issues relating to nonprofit corporations before the Internal Revenue Service, the exemption of nonprofit corporations from property taxes in Pennsylvania and tax-exempt financings. In addition, the Nonprofit Corporations Group works with the particular needs of religiously affiliated organizations.

