Group SessionOur first session will cover the central structural elements, documentation, and financial aspects of a municipal bond transaction.

Group SessionAttendees will then be introduced to federal tax laws governing municipal bonds.

Group SessionOur final substantive session of day one will address federal securities laws applicable to municipal bonds.

Members of the conference faculty will share insights, advise, and lessons learned from their experiences as rising bond lawyers. Attendees will have a chance to ask career-focused questions of faculty members. Our panel will conclude with a welcome reception. All conference attendees are welcome and encouraged to attend.

Breakout SessionDiscussion of common state law issues that need to be addressed throughout the structuring of a municipal bond transaction and related disclosure issues.

Breakout SessionOverview of the private activity bond rules applicable to tax-exempt municipal bond transactions.

Breakout SessionOverview of the private activity bond rules applicable to tax-exempt municipal bond transactions.

Breakout SessionOverview of general arbitrage concepts, arbitrage rebate requirements, and the application of the various exceptions to the arbitrage rebate rules.

Breakout SessionIntroduction to the tax requirements applicable to the issuance of 501(c)(3) bonds, including ownership and use requirements and issues specific to hospital, residential housing, and school financings as well as commonly used financing structures.

Breakout SessionIntroduction to the legal and tax aspects of refundings and the core tax concepts of a reissuance.

Breakout SessionAn overview of the logistics of closing a bond transaction, including drafting of various closing papers, preparing the Form 8038G or 8038, and DTC’s role prior to, during, and after a bond closing.

Breakout SessionDiscussion of hypotheticals that involve the application of certain federal tax laws relating to refundings, including the repeal of tax-exempt advance refundings, as well as reissuance.

Breakout SessionOverview of the role of, responsibilities and expectations imposed on issuer’s counsel in a municipal bond transaction.

Group Session

Description coming soon!

Netorking Opportunity

Join members of the conference faculty, NABL leadership, and your fellow conference attendees for an evening reception.

Breakout SessionIntroduction to state law creation of and limitations on conduit bond issuers, the roles of counsel, multi-state issuers, and many other issues unique to conduit bond issues.  Overview of the rules applicable to qualified small issue bonds, including qualifying projects, prohibited and restricted uses and maximum amounts, and the rules relating to qualified exempt facility bonds.

Breakout SessionDiscussion of hypotheticals that involve the application of certain private activity bond rules to tax-exempt municipal bond transactions.

Ethics Group SessionThis session will address, in an interactive format, some of the ethical and practical issues related to legal representations in municipal finance, including: engagement letters, delivery of opinions and conflicts of interest, and a discussion of applicable ABA Model Rules of Professional Conduct. This session is anticipated to qualify for CLE ethics credit.

Closing General SessionThe Essentials concludes with a fourth General Session entitled “Tying It All Together.” This popular session takes attendees through a typical bond issue – from the initial client call to closing – using an interactive, informal platform that incorporates concepts from across the General Sessions and breakout sessions. Panelists play the roles of issuer, underwriter, bond attorney, and tax attorney as they navigate through a bond transaction from start to finish. Along the way, they encounter, explain, and resolve issues typically encountered in public finance transactions.