North America - United States • Finance

Squire Patton Boggs

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Squire Patton Boggs‘ restructuring and insolvency group provides an integrated approach to municipal restructuring matters, combining the team’s expertise in public finance, policy and governmental affairs in connection with out-of-court restructurings. Situated in San Francisco, Karol Denniston  is experienced in representing debtors, creditors, bondholders and other parties in litigated bankruptcy cases and out-of-court transactions, as well as working with stressed and distressed governmental entities having represented cities and special districts. Cincinnati and New York-based Stephen Lerner handles cross-border Chapter 15 proceedings and Chapter 9 municipal restructurings, while Miami-based Pedro Hernandez specializes in representing a variety of clients in public finance matters including the State of Florida and the Commonwealth of Puerto Rico. Cleveland-situated Maura McIntyre is noted for her focus on workout proceedings on behalf of financially distressed municipal entities and their creditors.

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Key clients

  • California Municipal Authority
  • Keck Graduate Institute
  • Puerto Rico Electric Power Authority
  • U.S. Bank, National Association
  • U.S. Virgin Islands Public Finance Authority
  • Western Alliance Public Finance

Work highlights

  • Representing U.S. Bank, National Association, as Indenture Trustee in connection with $15,640,000 Pioneers Memorial Healthcare District Revenue Bonds.
  • Representing Bank of Nevada and Western Alliance Bank as Indenture Trustee and sole bondholder of approximately $8 million in outstanding principal bonds issued to finance Basic Water Company.
  • Representing U.S. Bank, National Association, as Indenture Trustee in connection with $12,570,000 in bonds issued by San Benito Healthcare District.

Practice head

The lawyer(s) leading their teams.

Karol Denniston, Stephen Lerner

Other key lawyers

Pedro Hernandez, Maura McIntyre