As a result of the COVID-19 virus, local governments in California are facing sudden, unexpected, unprecedented, dramatic shortfalls or delays in a number of their core revenue streams, in some cases combined with...more
4/19/2020
/ Bonds ,
Capital Improvements ,
CARES Act ,
Commercial Bankruptcy ,
Coronavirus/COVID-19 ,
Escrow Accounts ,
Leaseback ,
Loans ,
Property Tax ,
Public Finance ,
Public Private Partnerships (P3s) ,
Securitization
For a number of years, the IRS Office of Tax-Exempt Bonds ("TEB") has expressed concerns about potential tax abuses that may exist in what it has characterized as "developer-driven deals" involving the use of tax-exempt...more
On March 10, 2014, the Securities and Exchange Commission ("SEC") announced that issuers and underwriters of municipal securities may voluntarily report materially inaccurate statements made in offering documents regarding...more