CHICAGO - As the municipal market grapples with the largest reordering of the financial markets in history, the National Association of Bond Lawyers plans to work closely with its members in the coming days to help sort out the numerous unanswered questions facing their clients, William Holby, who took over as NABL's new president last night, said in an interview this week.

Holby, a partner at King & Spalding LLP in Atlanta, said he expects NABL will keep a watchful eye on the municipal market-related developments stemming from the financial crisis during the group's Bond Attorneys Workshop, which began here yesterday.

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