NEW YORK– LAWFUEL – Law News Network –Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., a full-service, 450-lawyer AmLaw 100 firm with offices throughout the U.S. and in the U.K., is pleased to announce that the firm served as special bond counsel to the New York Yankees in connection with a stadium financing transaction that has been honored as part of The Bond Buyer’s 2006 “Deal of the Year.”
The deal involved the New York City Industrial Development Agency’s sale of $1.587 in tax-exempt and taxable bonds to finance the construction of new stadia for the New York Yankees and the New York Mets. The bonds are secured by payments in lieu of taxes, a structure that required IRS approval and that raised a number of issues of first impression.
“Mintz Levin’s Public Finance Section has an extensive track record working on scores of municipal finance transactions and has earned a reputation for taking a client-oriented, problem-solving approach,” said Jonathan A. Ballan, head of the firm’s New York Public Finance section. “We were pleased to be able to bring our experience to bear for the New York Yankees in this exciting, innovative transaction.”
Mintz Levin attorneys who worked on the transaction in addition to Mr. Ballan include: Charles Carey, Gregory Sandomirsky, Maxwell Solet, Robert Senzer, Michael Fantozzi and Dennis Greene.
Mintz Levin is an AmLaw 100 law firm with offices in the US and the UK. The firm has exceptional depth in a broad range of practice areas, but our clients recognize that what sets us apart from other law firms is our industry focus. By truly understanding business drivers and industry trends, we are able to provide our clients with more than just legal advice. We provide legal solutions to our clients’ business issues. Since 1933, our lawyers have represented entrepreneurs, emerging growth companies, government agencies, and leaders in primary industries that include Life Sciences/Biotechnology; Technology & Communications; Financial Services & Insurance; Healthcare; Real Estate, Hospitality & Construction; and Retail & Consumer Products. Our practical knowledge combined with our industry expertise enables us to provide our clients with enterprise legal advice that gives their business a competitive advantage in the marketplace. For detailed information on the firm we invite you to visit www.mintz.com.