Hawkins Acts as Bond Counsel for 2008's National "Deal of the Year"
Hawkins once again was part of the financing teams (in each case, as bond counsel) for two “Deal of the Year” transactions in 2008—the $5.5 billion tobacco revenue securitization by the Buckeye (Ohio) Tobacco Settlement Financing Authority (the largest tobacco revenue settlement securitization ever done) and the $485 million capital grants securitization by the Puerto Rico Housing Finance Authority (involving the creation of the largest low income housing tax credit transaction ever). In competition with the other regional award winners, and in light of its public purpose, complexity, precedent-setting and innovation, the Puerto Rico Housing Finance Authority financing was presented with The Bond Buyer’s 2008 national “Deal of the Year” award. The lead Partner that counseled on the national winner was Mr. Richard Van Dusen. The lead Partners on the Buckeye deal were Mr. Zucker, Mr. Bagley and Mr. Richard Van Dusen.
Also of Interest
- Annual Qualified Mortgage Information
This edition of the Hawkins Advisory deals with qualified mortgage bond information report and the qualified veterans’ mortgage bond information report.
- Hawkins Advisories on Securities Law and Tax Law Developments in Public Finance
Attorneys at Hawkins have recently authored several Hawkins Advisories on legal topics of interest to issuers and professionals in the tax-exempt finance industry, including updates on several important developments in tax and securities law. By circulating Advisories after important legal developments in public finance, Hawkins keeps its clients and friends well informed as to these topics.
- MSRB Rule G-42
On December 23, 2015, the Securities and Exchange Commission (the “SEC”) issued an order approving the Municipal Securities Rulemaking Board’s (the “MSRB”) new Rule G‐42, on duties of non‐solicitor municipal advisors, and related amendments to its Rule G‐8, on books and records.
- Disclosure of Third-Party Due Diligence Reports by Municipal Issuers
This edition of the Hawkins Advisory describes rules governing the required disclosures by issuers and underwriters of findings and conclusions of certain third-party due diligence reports relating to asset-backed securities. Such rules go into effect on June 15, 2015.