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 Much Permitting "Reform" Comes from the New Debt Ceiling Legislation?

Without fanfare or ceremony, on Saturday June 3 rd , President Biden signed the bitterly-negotiated Fiscal Responsibility Act of 2023 (FRA), also known as the Debt Ceiling Limit legislation. While most of the media...

Event

Pachios on the News, with Guest Daniel Brennan

News

Maine Justice Foundation LGBTQ+ Fund Seeks Applications for 2023 Grants

The Maine Justice Foundation is pleased to announce a round of grants from the LGBTQ+ Fund. The Foundation will accept applications for grants from organizations working to advance awareness and understanding of LGBTQ+ issues...

Publication

H-2B Visa Program Summary

The H-2B classification allows foreign nationals who are citizens of certain named countries, with limited exceptions, to accept temporary non-agricultural employment in the United States, after the employer has obtained temporary labor certification by...

Press Coverage

Oxford Police Chief: Officer Tried to De-escalate Pursuit Before Fatal Crash

Officials from the Cumberland County Sheriff's Office have refused to provide documentation of the department's policy on police chases following the fatal high-speed crash of Nicholas Liebowitz in Gray, Maine, on Friday, April 28, 2023. Chief...

News

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

Fourteen Preti Flaherty attorneys and six practice groups have been selected for inclusion in the 2023 Chambers USA Guide to America's Leading Lawyers for Business , the highly regarded directory of leading attorneys and...

Event

Bodie Colwell joins ethics panel at the Northeast Bankruptcy Conference & Northeast Consumer Forum

An annual conference, this year's Northeast Bankruptcy Conference and Consumer Forum will focus on sophisticated financial scenarios practitioners often face and provide insights on current consumer bankruptcy issues. Preti Flaherty's Bodie Colwell is a...

News

Maine Justice Foundation Opens Applications for the 2023 Access to Justice Tax Credit

The Maine Justice Foundation is pleased to announce that applications for the 2023 Access to Justice Tax Credit Program will open on June 1, 2023. The Foundation will accept applications from eligible attorneys from...

Publication

Post Sackett: What Is the Scope of the Clean Water Act?

The Supreme Court of the United States (SCOTUS) rendered a decision in Sackett et ux. v. EPA addressing what Justice Alito referred to as a “nagging question” of what water bodies are covered under...

Publication

Municipal Update: Effect of Recent Supreme Court Decision on Sale of Tax Foreclosed Properties

Yesterday, the United States Supreme Court issued its opinion in  Tyler v. Hennepin County, Minnesota  (598 U.S. _____ (2023)). The Supreme Court held that Hennepin County had violated the Fifth Amendment’s takings clause by...