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Preti Flaherty Earns Top Ranking as Underwriter's Counsel
News and Events : Press Release
April 5, 2004

For more information contact:
Lisa Meyer
Marketing & Client Relations Director
Preti Flaherty
lmeyer@preti.com

Preti Flaherty is ranked first among counsel to underwriters for Maine tax-exempt bond issuers, fifth among firms based in New England and 79th nationally in Thomson Financial’s 2003 annual ranking of the nation’s top 100 underwriter’s counsel.
Preti Flaherty served as underwriter’s counsel in bond issues totaling approximately $780 million by the State of Maine, the Maine State Housing Authority, the Maine Municipal Bond Bank, the Finance Authority of Maine and other issuers.  The firm’s underwriter clients include UBS Financial Services Inc. and Bear Stearns & Co. Inc.

Preti Flaherty serves as bond counsel to governmental issuers in Maine and as counsel to governmental entities and borrowers of tax-exempt funds.  In 2003 the firm served as counsel in 39 issues of bonds and notes totaling approximately $1.5 billion. 

“Whether it is many millions of dollars or just a few thousand dollars, Preti Flaherty provides the service and experience that each client needs for its particular transaction,” said Preti Flaherty’s lead public finance attorney Jamie Pitney.

Preti Flaherty attorneys counsel their clients during the planning of each transaction and prepare and review bond resolutions and indentures, official statements, bond purchase contracts and other documents required for bond issues.

About Preti

Preti Flaherty has offices in Portland, Bath and Augusta, Maine, and Concord, NH. With more than 70 attorneys, the firm counsels clients in the areas of business law, energy, environmental, estate planning, health care, intellectual property, labor and employment, legislative and regulatory, litigation, technology and telecommunications.

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