2009 Northeast Regional Winners for Bond Buyer Deals
Hawkins acted as counsel to the two winners of The Bond Buyer’s 2009 Regional Deal of the Year awards. In the first transaction, Hawkins was instrumental in developing the financing structure for the District of Columbia's $801 million income tax secured revenue bonds as Disclosure Counsel. Hawkins assisted the District over a two-year period in structuring the program, meeting with the rating agencies and drafting the authorizing legislation. The resulting structure, which gives the bondholders a first lien on and pledge of personal income taxes and business franchise taxes superior to that of the District's general obligation bondholders and any other claimant, yielded significantly higher ratings for these bonds than the rating assigned to the District's general obligation bonds. The Partners on this transaction were Mr. McNally and Mr. Sigal.
In the second transaction, Hawkins was also recognized for its role as Bond Counsel to the Finance Authority of Maine. The $14.5 million taxable waste motor-oil revenue bonds issue will help finance important environmental clean-up at various Maine waste-oil disposal sites. Premiums set by the state legislature and imposed on certain motor vehicle oil sales fund the cost of debt service on the bonds. The Partners that counseled on this transaction included Mr. Roberts and Mr. Turner.
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Also of Interest
- Municipal Market — Federal Securities Law Update (2022)
This Hawkins Advisory provides an update on the municipal securities market and related federal securities law regulation. In particular, this Advisory reviews (i) the current composition of the Securities and Exchange Commission (the “SEC”) and its regulatory priorities; (ii) the SEC’s proposed rules on climate change disclosure and other environmental, social, and governance (“ESG”) initiatives; (iii) developments in cybersecurity disclosure; and (iv) recent SEC enforcement actions in the municipal securities market. - Hawkins Served as Counsel to Two Bond Buyer Deal of the Year Winning Transactions
Hawkins is proud to have served as special and lead outside counsel on two financings that were finalists for The Bond Buyer deal of the year award for 2021 and winners in their respective categories. This year’s deals reflect the substantial expertise of Hawkins’ transportation industry attorneys. - Tax-Exempt Bond Provisions Included in the Infrastructure Investment and Jobs Act
This Hawkins Advisory describes three tax-exempt bonds provisions included in the Infrastructure Investment and Jobs Act. - Brian Garzione co-authored NABL’s SEC Comment Letter on Climate Change Disclosures
As the Chair of NABL’s Securities Law and Disclosure Committee, Brian was one of the principal authors of NABL’s comment letter relating to the SEC’s public statement and request for public input on climate change disclosures.