In addition to our work with government agencies and municipalities, The Weist Law Firm provides counsel to banking institutions and corporate trust departments who act as investors, lenders, trustees, paying agent, marketing agent, tender agent, dissemination agent and escrow agent in public securities offerings. In this capacity, we undertake due diligence reviews, draft appropriate revisions to documents such as loan agreements and indentures and protect our client's interests throughout the transaction. We have decades of experience with public finance and securities matters, and we use that experience to answer questions, early identify potential problems and compliance issues and generally ensure that each transaction proceeds smoothly.
Duties of Trustee and Bank Counsel
We both develop and review:
Disclosure documents, Indentures, trust agreements, loan agreements and all other security agreements
Collateral and security matters, including revenue pledges, tax and assessment liens, leases, site leases and the like
Title reports and title insurance provisions
Investment strategies and investment agreements
Opinions on compliance with state and federal banking laws and trust agreement guidelines
Procedures such as redemption provisions and amendments to the underlying security documents
Definitions of default and acceptable remedies
Letters of representation
All matters relating to the management of funds generated by the bond offering
Representing National Banks
At The Weist Law Firm, our California-based firm has served as counsel to major national and international banks such as Deutsche Bank, First Foundation Public Finance, US Bank and Bank of New York. We advise our banking clients from inception of the transaction to conclusion, identifying any special issues that need to be covered by the trust agreement or indenture. We ensure that our clients have proper representation when the operational provisions of the indenture are determined.
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We would love to learn more about how we can help your agency.