Preti Flaherty’s public finance group provides legal services for a wide variety of public finance transactions and participants. Our clients include general government entities, quasi-governmental entities, conduit borrowers, including 501(c)(3) nonprofit organizations and manufacturing enterprises, underwriters and letter of credit banks. Our services encompass all aspects of public finance law including state and municipal law, securities law and federal income tax law. We also provide advice in connection with ongoing legal compliance related to public finance transactions. Our public finance attorneys have guided clients through transactions involving:

  • A wide range of general obligation, nonprofit and revenue bonds
  • Solid waste disposal bonds
  • Small issue manufacturing bonds
  • Housing bonds
  • Tax-exempt lease transactions
  • Capital Fund Financing Program (HUD)
  • Tax and grant anticipation notes and municipal bonds
  • Pool loans
  • Bond insurance
  • Letters of credit
  • Liquidity facilities
  • Tax increment financing
  • Interest rate swaps
  • Municipal investment pool

A top-ranked public finance legal team

Preti Flaherty has been ranked as the number one underwriter’s counsel firm in both Maine and New Hampshire and among the top 100 underwriter’s counsel firms nationally. We are also listed in the Bond Buyer’s Municipal Marketplace directory and are listed as approved bond counsel by Maine Municipal Bond Bank, the New Hampshire Municipal Bond Bank and the United States Department of Agriculture, Rural Development. Our public entity clients include:  University of Maine System, Maine Turnpike Authority, Kennebec County, Concord Housing Authority, Laconia Housing and Redevelopment Authority, and municipalities across Maine and New Hampshire. Our underwriter clients include Wells Fargo Bank, Bank of America Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities. Bank clients include KeyBank National Association and RBS Citizens National Association.

Firm Highlights

Publication

How Does the Collapse of Roe v. Wade Impact Employer Health Plans?

On June 24, 2022, the U.S. Supreme Court overturned its prior decisions in  Roe v. Wade  and  Planned Parenthood v. Casey , which held that the U.S. Constitution prohibits states from banning abortion or...

Publication

Changes Affecting Employment Authorization for L-2, E, and H-4 Dependent Spouses

On November 12, 2021, USCIS announced that L-2 and E dependent spouses are no longer required to apply for an EAD to work in the United States. Instead, L-2 and E dependent spouses are...

Press Coverage

Maine State Police Announces Restructuring After 3 Weeks of Declining to Share Details

On June 10, the Maine State Police announced plans to reorganize troop deployment and delegation of manpower in line with revised law enforcement priorities. The announcement follows several weeks of secretive posturing and a lack...

News

Preti Flaherty Files Human Trafficking and Forced Labor Lawsuit Against Church of Scientology

Preti Flaherty attorneys Greg Hansel, Shana Solomon, and Ellie Quinby filed a human trafficking and forced labor lawsuit against the Church of Scientology on behalf of three plaintiffs claiming decades of forced labor, intimidation, coercion...

Publication

What Are My Options If My H-1B Registration Was Not Selected?

The H-1B nonimmigrant visa category allows employers to sponsor foreign nationals performing work in a “specialty occupation.” This typically requires an offer of employment in a job requiring at least a U.S. bachelor’s degree...

Press Coverage

Five Major Norwegian Salmon Companies Agree to $85 Million Settlement in Antitrust Case

Preti Flaherty announced today that a Miami federal Court has granted preliminary approval to an $85 million settlement agreement in an antitrust case involving alleged price fixing of farmed salmon sold in the United...

Publication

Primary Round-Up

Primary Round-Up As you are probably aware, primary elections in Maine took place on Tuesday, June 14, and there were a handful that could be significant to the general election outcome in November. Congressional...

News

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

Sixteen Preti Flaherty attorneys and six practice groups have been selected for inclusion in the 2022 Chambers USA Guide to America's Leading Lawyers for Business , the highly regarded directory of leading attorneys and...

News

Racial Justice Fund Seeks Applications for Second Round of Grants

The Maine Justice Foundation is pleased to announce the second round of grants from the Racial Justice Fund. The Foundation will accept applications for grants of up to $10,000 from June 1-15, 2022. The...

Press Coverage

Court Orders State Police to Reveal More Details About Misconduct by Troopers

Previously concealed records of trooper misconduct by the Maine State Police must be provided in response to public records requests by the press, according to a ruling by Judge William R. Anderson of Penobscot Superior...