Tom Lauth and Matthias Edrich, both partners at Kutak Rock, will speak at the Georgia Education Advancement Council (GEAC) on Monday, November 13 at 1:10 p.m. at Lanier Islands in Buford, Georgia. The panel, entitled “Tax-Exempt Bond Financed Facilities—A Deep Dive into Private Business Use,” will focus on private business use—perhaps the most important rule for ensuring tax-exempt bonds retain their federal tax exemption.
The presentation will also review the various types of private business use encountered by institutions of higher education, including leases, management contracts, research contracts, naming rights and unrelated trade or business use. All types of tax-exempt bond-financed facilities may be impacted by these types of uses. Attendees will also learn about proactive and reactive measures for addressing issues before they cause problems.
To learn more and register, click here.
Tom has represented states, counties, cities, public authorities, hospitals, non-profit and for-profit corporations and limited liability companies, investment banking firms and other financial institutions in a variety of public finance matters as bond counsel, underwriter’s counsel, disclosure counsel, borrower’s counsel, trustee’s counsel and issuer’s counsel. These public finance matters have financed and refinanced the cost of acquiring, constructing and equipping hundreds of projects, including student housing, dining facilities, research facilities and other university facilities, hospitals and healthcare facilities, senior living facilities, mass transit facilities, public schools, private schools and charter schools, sports stadiums and arenas, convention centers, water and sewer projects, renewable energy projects, parks and greenspace, manufacturing facilities, P3 projects, courthouse facilities and other public projects.
Matthias advises clients on tax structuring of municipal and corporate debt transactions and financing-related section 501(c)(3) exemption matters. He has represented clients ranging from lenders and underwriters and government and corporate issuers to large university and hospital systems, housing developers, energy and solid waste recycling companies, manufacturers and various types of section 501(c)(3) nonprofits. Particular areas of focus include higher education and hospital financings, airport financings and economic development financings relating to special districts, special benefit districts, community improvement districts and community development districts throughout the country.