The recent tax law changes generally eliminated the ability to issue tax-exempt bonds to advance refund outstanding bonds. Are there substitute structures that can be used without further IRS or Treasury guidance to achieve some of the same results? What about advance refunding taxable bonds and build America bonds under current law? What are the considerations for structuring new bonds in light of the change in law? Please join Orrick’s tax and bond lawyers for a discussion about certain of the options that are available to municipal issuers and borrowers, including the tax and securities law issues for new and revitalized financing tools and techniques and important issues for investment bankers and financial advisors.

Key Speakers

Chas Cardall
Partner, Orrick
Roger Davis
Partner, Orrick
Richard Chirls
Partner, Orrick
Barbara League
Of Counsel, Orrick