Richard has extensive experience in public finance, including providing counsel to states, public authorities and municipalities on housing finance, economic development, water, sewer and solid waste infrastructure, public-private partnerships, securitization, special fund financings, transportation and validation. He develops financing program plans and provides legal counsel and assistance once the plan has been instituted. He has drafted significant financing legislation in many states, including Alaska, California, Connecticut, Indiana, Montana, New Jersey, New York, West Virginia and Wyoming, and for the Commonwealth of Puerto Rico and the District of Columbia.Richard has been a long-time trustee of the Citizens Budget Commission, contributing to several special committee reports and has chaired several Bond Buyer and other public finance conferences.He has managed and structured a variety of (tax exempt, taxable, general obligation, revenue-based, private activity, credit-enhanced) bond and securitization issues as bond or finance counsel for various states, public authorities and local governments. He has also served as underwriter’s counsel for various investment banking firms, and has extensive experience in working with state treasurers and budget officials, rating agencies, financial advisers and underwriters on complex and innovative new programs such as state regulatory, financing and oversight statutes for its distressed municipalities.
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