North America - United States • Finance

Nixon Peabody LLP

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Nixon Peabody LLP‘s team of public finance lawyers possess ’relative expertise in subsets of the infrastructure field’, resulting in a ‘skilled and well-balanced process’ during the wide breadth of PPPs they routinely engage in. A comprehensive sector focus across infrastructure results in the group acting for public and private sector clients for the procurement, financing and development piece, and also possess the ability to handle tax-related issues. The group is headed up by Virginia Wong who is particularly well-regarded for her bond counsel and has multi-billion dollar debt restructurings and tax-exempt and taxable municipal financings as part of a wide body of work. Dan Deaton predominantly acts as bond, disclosure and underwriter’s counsel on transportation matters, while Roderick Devlin offers significant experience advising the lenders to shortlisted bidders for substantial infrastructure builds. John Hutchinson is routinely sought out as lead tax counsel on P3 ventures and has been active on port developments. Chris Reitzel is another key public and project finance lawyer, commonly positioned in complex, multi-faceted projects as underwriter or bond counsel. Rudy Salo is also recommended. Deaton and Salo operate out of Los Angeles, whereas the rest of team operate from New York.  

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team of public finance lawyers are well-versed in municipal securities law and are relative experts in subsets of the field. They value service and being responsive during the process.’

  • ‘NP seems to function well with a team approach. This translates to a skilled and well-balanced process. Some of the competitors offer on lawyer who manages the entire process. The single lawyer model is good when it's good, but really bad when it isn't.

Key clients

  • Rhode Island Public Transit Authority
  • Glydways
  • CW Matthews
  • Vantage Airport Group
  • Puerto Rico Fiscal Agency and Financial Advisory Authority
  • Lane Construction Group
  • Hudson Yards Infrastructure Corporation
  • Triborough Bridge and Tunnel Authority
  • Los Angeles County Metropolitan Transportation Authority
  • City and County of San Francisco

Work highlights

  • Representing Rhode Island Public Transit Authority (RIPTA) in all aspects of its Design Build Finance Operate Maintain (DBFOM) P3 to deliver a new mixed use Transit Center P3 to consolidate its service in downtown Providence, Rhode Island.
  • Served as Co-Bond Counsel to Triborough Bridge and Tunnel Authority (MTA Bridges and Tunnels) on the $1,253,750,000 Sales Tax Revenue Bonds, Series 2023A (TBTA Capital Lockbox - City Sales Tax) issuance – this was the second series of bonds issued under TBTA’s newest bond credit).
  • Served as Bond Counsel to the Puerto Rico Highways and Transportation Authority on the issuance of its Restructured Toll Revenue Senior Bonds to implement of the HTA Plan under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act.

Practice head

The lawyer(s) leading their teams.

Virginia Wong

Other key lawyers

Daniel Deaton, Roderick Devlin, John Hutchinson, Rudy Salo