Public Finance

Expertise

The firm has a rich history of assisting domestic and foreign clients in achieving both their day-to-day and long-term corporate strategic goals. Satterlee's team of highly-seasoned corporate attorneys (averaging 20 years of corporate law experience) exercise their creative abilities in a wide spectrum of industries and general areas of corporate and securities law practice, punctuated with specialty strengths in a variety of areas such as banking, public finance, natural resources and energy, equipment leasing and investment fund law. What makes Satterlee so unique is that its depth of experience and quality of work is complemented by a commitment to keep legal fees to a minimum. Because most corporate projects are tightly staffed, clients have an opportunity to work directly with the partner in charge. We believe that this maximizes accuracy, efficiency and responsiveness, while minimizing the excess cost and duplicative efforts so prevalent at other law firms.

Satterlee Stephens Burke & Burke's corporate expertise is comprehensive and many-faceted. The foundation of our corporate practice is grounded on long experience in advising on the formation and operation of corporations, partnerships, limited liability companies, and other entities created to carry on business. In such work we have counseled on the choice of entity to be employed, its financing, its governance, the tax ramifications of its operation, and the regulatory framework within which such entity must operate.

Public Finance

Satterlee Stephens Burke & Burke's public finance practice encompasses a wide range of tax-exempt as well as taxable municipal bond financings. These projects have included innovative financing techniques such as interest rate and forward swaps, floating/inverse-floating interest rates, imbedded derivatives and asset securitization. The firm led the development of tender option put bonds representing the issuers of tender options and underwriters as well as acting as special tax counsel in over $1 billion of financings. We have also helped develop innovative ways of using existing laws to create other state-of-the-art financings.

The firm serves as counsel to municipal and non-profit issuers, underwriter's counsel for leading national and regional investment banking firms, borrower's counsel for corporations, non-profit institutions and universities, purchaser's counsel for institutional investors including a prominent insurance company, trustee's counsel, counsel for domestic and foreign banks in letter of credit transactions and taxable certificate of participation programs and counsel to rating agencies in their review of municipal bond issues.

We have participated in the financing of projects of substantial regional impact such as solid waste disposal and resource recovery facilities, co-generation facilities and energy system revenue bonds. Other financings include building programs for non-profit issuers and universities, single and multi-family housing projects, student loan programs, residential health care facilities for persons with AIDS, nursing home facilities and financings for office buildings, hotel and resort complexes and manufacturing facilities.

The firm takes a comprehensive approach to public financing transactions. Because each set of circumstances surrounding a project is unique, the firm's attorneys work hard to develop a full understanding of the possible risks, opportunities, and ramifications inherent in each project. Few firms offer clients as high a level of expertise in structuring sophisticated bond transactions as does Satterlee Stephens Burke & Burke LLP. Clients also benefit from having direct and immediate contact with partners during every phase of the deal; a crucial factor in ensuring that transactions are completed in both a timely and cost-efficient manner.

Contact Us

For further information on our public finance practice, we invite you to come in to our offices and meet with a practice group member. We welcome the opportunity to work with you.

New York Office:

230 Park Avenue
New York, New York 10169
Phone: (212) 818-9200
Fax: (212) 818-9606/7

New Jersey Office:

47 Maple Street
Summit, New Jersey 07901-2518
Phone: (908) 277-2221
Fax: (908) 277-2038

World Wide Web Site:

http://www.ssbb.com