We provide counsel to a wide spectrum of public finance clients including cities, counties, school districts, colleges, universities, banks, underwriters and governmental authorities engaged with financing public sector capital projects. Our attorneys have been involved in numerous general obligation, revenue, certificate of participation, health care facility and industrial development bond financings throughout the country. The Firm regularly serves as bond counsel to local governments in North Carolina and South Carolina.

The depth of our public finance practice is enhanced by our lawyers' prior professional experience on Wall Street, in the state legislature, as a county attorney, with the Internal Revenue Service and in policy-making levels at the Securities and Exchange Commission. Many transactions also require advice in matters such as real estate, secured transactions, civil litigation and in specialized areas such as health care regulation. The Public Finance Practice Group has the resources of one of the largest law firms in the Carolinas, and when appropriate, uses lawyers from other practice areas within our firm to assure that, regardless of the size and nature of the issues involved, the legal needs of our clients are given prompt and effective attention.

Experience Highlights

The Firm has employed innovative techniques for numerous financing transactions in the Carolinas, including:

• First interest rate swap agreements in North Carolina
• First commercial paper financing for governmental units in North Carolina
• Only firm to structure pension funding obligations in the Carolinas
• First variable-rate general obligation bond issued in North Carolina
• First variable-rate revenue bond issued in North Carolina
• First publicly offered certificate of participation financing approved by the North Carolina Local Government Commission
• First installment purchase revenue bond financing for a school district in South Carolina
• First synthetic refunding for a local government unit in North Carolina
• First pool financing for the University of North Carolina system
• First publicly offered certificates of participation issued under revised North Carolina statute 160A-20
• First publicly offered non-tax revenue lease in North Carolina
• First county tax increment financing in the State of South Carolina
• Largest and highest-rated issue of the University of North Carolina
• Highest-rated parking system financing in the United States
• First financing for a solid waste authority under new North Carolina legislation allowing counties to create solid waste authorities
• First taxable financing ever undertaken by a University of North Carolina campus
• First "larger principal" advance refunding in North Carolina, which resulted from the Firm’s Supreme Court of North Carolina victory in the City of Concord v. Taxpayers

News

• Parker Poe Names Six New Partners
  January 3, 2012
• U.S. News & World Report Names Parker Poe Top-Tier Law Firm for 2012
  Firm Ranked #1 in 33 Legal Areas
  November 1, 2011
• SC Economic Developer's Association Names Ray Jones to Board
  May 20, 2011
• German American Chamber Elects Sam Moses to Board
  May 11, 2011
• Triangle Business Journal Names Parker Poe Attorney to 40 Under 40
  April 8, 2011
• Parker Poe Names New Director of Diversity
  February 23, 2011
• Thirty-Seven Parker Poe Attorneys Named NC Super Lawyers for 2011
  January 25, 2011
• U.S.News & World Report Names Parker Poe as a Top-Tier Law Firm
  Firm Ranked #1 in 22 Legal Areas for 2010
  September 15, 2010
• 61 Parker Poe Attorneys Recognized as Best Lawyers® for 2011
  August 18, 2010
• Parker Poe Names Four New Partners
  January 5, 2010
• Parker Poe Attorney Don Ubell Named Fellow
  October 7, 2009
• NABL: Proposals Could Mislead
  August 18, 2009
• Parker Poe Attorney Named to Triangle Business Journal's 40 Under 40
  May 4, 2009
• South Carolina State Housing Financing and Development Authority Extends Important Dates for Low Income Housing Tax Credit Recipients
  October 22, 2008
• James Nicholas Brennan IV
  October 15, 2008
• IRS and Treasury Release Expanded Guidance Allowing Governmental Issuers to Purchase Their Own Tax-Exempt Debt
  October 6, 2008
• New Schedule K to IRS Form 990 Will Impact Private Schools with Tax-Exempt Debt
  September 3, 2008
• President Signs Housing and Economic Recovery Act of 2008 Into Law
  July 31, 2008
• Michael Larsen Joins the Parker Poe Public Finance Group
  July 14, 2008
• Parker Poe Taps Poley for Raleigh, NC Public Finance Post
  December 11, 2007
• Parker Poe Expands Public Finance and Governmental Practice in Columbia
  January 31, 2007
• 2007 South Carolina Low Income Housing Tax Credit Program
  January 9, 2007
• Parker Poe Attorneys Among The Best Lawyers in America
  September 13, 2005
• House Bill 1117 Provides Certain Public Finance Reforms
  August 3, 2005
• Lewis M. Levy Has Joined Parker Poe's Columbia Office
  May 9, 2005
• Parker Poe Attorneys Honored as The Best Lawyers in America and the "Legal Elite" in North Carolina
  February 28, 2005
• Parker Poe Adams & Bernstein LLP is Pleased to Announce the Addition of Three Attorneys in Our Columbia Office
  June 2, 2004
• John Anderson, Chip Holmes, Ray Jones and Scott Leo Have Become Partners in the Firm
  January 12, 2004

Case Studies

• School Benefits from Tax-Exempt Financing