Publisher's Synopsis
This comprehensive treatment of the application of the federal securities laws to public finance takes you step-by-step through the process, from the structuring of a financing to the distribution of securities and the closing, with expert guidance on the practices, contractual relationships, trends, issues and market regulations involved. The differences between public and corporate finance, and the legal foundations for both, are compared. Fippinger provides illustrations, drawn from contemporary financing techniques, for public power, housing, airport, hospital and resource recovery facilities, water projects and elaborate public programs. This guide provides clear-cut answers to the questions that are most likely to come up in your practice: What are the relevant legal foundations and obligations for due diligence requirements? How do lawyers determine the existence of registrable securities in highly structured financings? and more.
