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In our nonprofit Finance practice, we act as counsel to issuers in connection with taxable bond issues and other taxable financings, and as counsel to borrowers in connection with tax-exempt state, municipal and public authority financings and in conjunction with traditional bank and other lender financings. We have also participated in the creation, implementation, and operation of a master trust indenture, permitting a group of related organizations to pool their individual assets for the limited purpose of securing specific debts of the group, while providing protection for the assets of each group member from other debts of the remaining members of the group. We also represent a number of church extension funds in the operation of mortgage lending programs for church organizations.
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