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

Essential Business? Essential Activity? Clarification Here.

Effective at 12:01 a.m. on April 2nd, the Governor has ordered a statewide “stay at home” order further restricting Maine resident’s movement. Governor’s Executive Order No. 28 FY 19/20 dated March 31, 2020 (“Stay...

Press Coverage

Maine - Waterville Coronavirus Panel Illegally Met in Secret

A Waterville City Council coronavirus subcommittee formed in response to the outbreak has been accused of illegally meeting in secret, denying public access to its deliberations, and making unlawful decisions. Extended Coverage: Virus Concerns Lead to 'Public' Meetings Without...

News

Attorney Betsy E. Wakefield Joins Preti Flaherty’s Business Law Group

Preti Flaherty is pleased to announce that Betsy E. Wakefield has joined the firm. Betsy will practice with the Business Law Group from the firm’s Portland office, where she will be counseling banking and...

Press Coverage

Maine State Police May Be Spying on You

Police and governments are increasingly turning to new tracking and monitoring methods in their efforts to prevent and record evidence of crimes. A Portland Press Herald investigation examines these expanding law enforcement abilities and the...

Press Coverage

6th Circ. Says Auto Parts Co. Can't Arbitrate Price-Fixing Suit

On February 24, a three-judge panel of the Sixth Circuit Court of Appeals upheld a Michigan district court's January 2019 decision that KYB Corp. can't force a suit accusing it of conspiring with other auto parts...

News

Preti Flaherty Welcomes Attorneys James W. Beers, Jr., and Alan E. Topalian to the Firm

Preti Flaherty is pleased to announce the arrival of two new attorneys: James W. Beers, Jr., and Alan E. Topalian. James joins the Environmental Practice Group as a Director and will work from the...

Event

2020 Employment Law Series: A Legislative Update for HR Professionals

For more than 25 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners, and friends up to date on recent developments in employment law. Join us as we continue that tradition...

Publication

Construction Alert: Gov. Baker Clarifies Massachusetts Construction Requirements and Possible Future Impacts for New Hampshire

The state of construction in Massachusetts continues to evolve as Governor Baker issued another order yesterday tightening  the list of types of construction that are allowed to proceed  as "essential services." Under the new...

News

Preti Flaherty Attorney Tim Bryant Selected by Franchise Times as “Legal Eagle”

For the twelfth year in a row, Preti Flaherty attorney Tim Bryant has been recognized as a Franchise Times magazine “Legal Eagle.” Nominated by their peers, franchise attorneys chosen for this honor are considered among...

Publication

Preti Flaherty Announces its COVID-19 Financial Relief Evaluation and Selection Tool

This Analysis of COVID-19 Financial Advice is effective as of 5PM on Friday, April 3, 2020.  THE INFORMATION SET FORTH BELOW IS SUBJECT TO CHANGE as Treasury Guidelines and other authorities emerge from the...