Matthias Edrich, a tax partner in Kutak Rock’s Denver office, will moderate a panel of tax experts during the American Bar Association (ABA) Tax Section’s 2023 Midyear Meeting on Friday, February 10 at 4:00 p.m. PDT.

The session, “Investing Gross Proceeds,” will discuss common yield restriction and arbitrage rebate pitfalls and structuring approaches for maximizing permitted investment of gross proceeds. Discussion points may touch on, but are not limited to, the GIC investment safe harbors and practical issues that arise when the safe harbor is not met, recent experiences with SLGS and open market security investments, averaging of negative yield and positive yield using the temporary period waiver provisions of the regulations, split deliveries of bonds and the impact of different yields and issues that may arise in connection with an inverted yield curve.

Panelists include:

• David Cholst, Chapman & Cutler LLP
• Carol Lew, Stradling Yocca Carlson & Rauth

The ABA Tax Section’s 2023 Midyear Meeting features the country’s leading tax attorneys and government officials discussing the latest federal, state and local tax policies.

Register for the ABA Tax Section’s 2032 Midyear Tax Meeting here.

Matthias Edrich serves as Vice Chair of the ABA Tax Section’s Tax Exempt Financing Committee. He is a member of Kutak Rock’s national federal tax and public finance practice. His work focuses on U.S. tax aspects of financial instruments, with an emphasis on tax-exempt and tax credit bonds. Matthias also currently serves on the Executive Board of the National Association of Bond Lawyers.