Representative Matters

  • Bond Counsel to University of Maine System - Preti Flaherty serves as bond counsel to the University of Maine System. In February 2012, the University System issued its $34,975,000 Revenue Bonds. Approximately 20% of the bond proceeds were designated for current capital improvements, including renovation of  the Memorial Gym and Field House at the University of Maine. Approximately 80% of the bond proceeds were applied to refund prior debt of the University System. In addition, we provide ongoing post-issuance compliance advice to the University System with respect to federal tax and disclosure matters.
  • Bond Counsel to City of Biddeford, Maine - Preti Flaherty serves as bond counsel to the city of Biddeford, Maine. In 2011, the City made a public offering of general obligation bonds for the purpose of funding improvements and repairs of the city high school. In 2010, the city also issued revenue bonds to refund prior revenue bonds and to fund improvements to the city's ice arena.
  • Bond Counsel to Waterfront, Maine Limited Partnership - Preti Flaherty served as bond counsel to Waterfront, Maine Limited Partnership. In December 2010, the Finance Authority of Maine issued its $13,500,000 Recovery Zone Facility Bonds; the proceeds of which were used to pay the costs of converting the upper floors of a building to office space, improving the ground floor and making related improvements.
  • Lincoln and Sagadahoc Multicounty Jail Authority - Preti Flaherty served as bond counsel to the Lincoln and Sagadahoc Multicounty Jail Authority in connection with the Authority's issuance of its $24,600,000 Revenue Bonds in June 2005. Bond proceeds were used to finance construction of a jail facility with capacity for 120 inmates primarily from Lincoln County and Sagadahoc County. The Authority is a statutory partnership among Lincoln County and Sagadahoc County, each of which is obligated to pay 50% of Authority operating costs including debt service on the Bonds. In addition to bond counsel services, our attorneys provided advice regarding amendments to the Authority's enabling act, organization of the Authority, acquisition of the jail site, design and construction contracts, the operating agreement between the counties and other matters. In addition, we provide ongoing post-issuance compliance advice to the Authority with respect to federal tax and disclosure matters.

Firm Highlights

Publication

Legislative Alert: Governor’s Economic Recovery Committee Update

The Governor’s Economic Recovery Committee met on Friday June 26 th to hear reports from the Chairs of all six subcommittees. In the reporting on Friday the biggest monetary ask was from the Infrastructure...

Publication

Sigmund Schutz Authors Update to Maine Chapter of the Reporters' Privilege Compendium

Sigmund D. Schutz was invited to author an update to the Maine chapter in  Reporters Privilege Compendium   for Reporters Committee for Freedom of the Press.  The publication provides a comprehensive and detailed examination of...

News

Preti Flaherty Attorneys Sigmund Schutz and Greg Hansel Lead Suit to Help Students Get Housing and Tuition Refunds for Study Abroad Programs Cancelled by CIEE

In the class-action complaint, Council on International Educational Exchange (CIEE) is cited for breach of contract for failing to refund housing and tuition for cancelled study abroad programs A class-action suit has been filed...

News

Eighteen Preti Flaherty Attorneys Selected as Chambers USA Leaders in Their Field

Eighteen Preti Flaherty attorneys and five practice groups have been selected for inclusion in the 2020 Chambers USA Guide to America's Leading Lawyers for Business , the highly regarded directory of leading attorneys and...

Publication

Contractor's Guide to Mitigating Risks in the AIA A201-2017 General Conditions

The AIA A201-2017 is generally a well-understood contract document and is used in a significant number of construction projects each year. While this standard contract covers most risks, there are a number of areas...

Publication

Preti Flaherty COVID-19 Resources

In response to the ongoing COVID-19 pandemic, Preti Flaherty's attorneys have maintained a constant stream of the most up-to-date information and resources for our clients, business partners, and others struggling to navigate these complex...

Press Coverage

Portland-Based Education Nonprofit Sued For Study Abroad Refunds

A class-action suit has been filed against CIEE on behalf of thousands of college students who were denied any refund of tuition, room and board, and other fees for Spring 2020 study abroad programs...

Publication

Maine Workers' Comp Alert: WCB Transition to In-Person Hearings Likely to Occur No Sooner Than August 2020; Section 312 IME’s Have Resumed

A conference with Maine Workers' Compensation Board Executive Director John Rohde was held last week to discuss the transition to in-person hearings at the WCB. The WCB Subcommittees also met to discuss recent developments...

News

Preti Flaherty Attorneys Jason Howe and Emily White Help Advance Massive $59 Million Development Complex In Seacoast

The Kittery Planning Board has given final approval to a $59 million mixed-use residential development off Interstate 95, a project that has been in the works for several years. Preti Flaherty attorneys Jason Howe...

News

ACTIONS. NOW. FOR CHANGE.

Our country and our communities are suffering and in turmoil due to the racial injustices that have occurred for centuries and are still happening all around us today. It is difficult to comprehend and...