Marc Stein concentrates his practice in municipal finance. He represents varied clients, including:
· state agencies and authorities
· borrowers, including corporate and 501(c)(3) entities
· investment banking firms
· municipalities and school districts
· industrial development authorities
· municipality authorities
· corporate trustees
· commercial lenders
· swap counterparties
Mr. Stein has received the highest possible rating from Martindale-Hubbell.
Representative Matters
· State Public School Building Authority-underwriter's counsel for $477,239,000 aggregate principal amount Federally Taxable Revenue Bonds Qualified School Construction Bonds - Direct Subsidy and Qualified Zone Academy Bonds - Direct Subsidy.
· PHEAA Student Loan Trust 2011-1-co-special counsel for $1,676,400,000 Student Loan Asset-Backed Notes, Series of 2011-1
· Chester Water Authority-bond counsel for Refunding Water Revenue Bonds, Series A and AA, $19,845,000 aggregate principal amount.
· Northampton County General Purpose Authority-special counsel to borrower with respect to Higher Education Fixed Rate Revenue Bonds (Lehigh University), $66,165,000 aggregate principal amount.
· Montgomery County Industrial Development Authority-special counsel to borrower with respect to Revenue Bonds (The Baldwin School), $18,165,000 aggregate principal amount.
Community Service & Affiliations
Mr. Stein is a member of the National Association of Bond Lawyers and a charter member and past president of the Pennsylvania Association of Bond Lawyers. He is also a past vice president of the West Point Parent's Club of Southeastern Pennsylvania, a corporation not-for-profit.
Memberships
· Delaware County Bar Association
· National Association of Bond Lawyers
· Pennsylvania Association of Bond Lawyers
· Philadelphia Bar Association
Events
POST-ISSUANCE TAX COMPLIANCE FOR GOVERNMENTAL ENTITIES: A NEW LANDSCAPE IN THE 21ST CENTURY
[Event]
One Logan Square, Philadelphia, Pennsylvania
April 20, 2009
10:30 a.m.-Noon
April 22, 2009
Joan N. Stern, Marc S. Stein and Robert I. Tuteur
PENNSYLVANIA'S RIGHT-TO-KNOW LAW: WHAT PUBLIC OFFICIALS AND THEIR LAWYERS MUST KNOW ABOUT THIS STATUTE
[Event]
Marvin Comisky Conference Center, One Logan Square, Philadelphia, PA
October 23, 2008
Lawrence J. Beaser, Lauren Fox, Brian S. Gocial, Marc S. Stein, Joan N. Stern and Robert I. Tuteur
PUBLIC FINANCE TODAY: ENFORCEMENT, DISCLOSURE, AND NEW PRODUCTS
[Event]
Philadelphia, Pennsylvania
April 21, 2003
Edward N. Cahn, Marc S. Stein and Joan N. Stern
Publications
AMENDMENTS TO SECURITY AND EXCHANGE COMMISSION RULE 15C2-12 AND ACCOMPANYING INTERPRETATION EXPAND DISCLOSURE OBLIGATIONS, ELIMINATE THE MATERIALITY DETERMINATION FOR CERTAIN LISTED EVENTS, ESTABLISH A TEN-DAY TIME FRAME FOR SUBMITTING EVENT NOTICES AND PROVIDE INTERPRETIVE GUIDANCE TO UNDERWRITERS
[Alert]
Public Finance Alert
April 2011 (No. 1)
Dacia A. Haddad, Marc S. Stein, Joan N. Stern and Robert I. Tuteur
PROVISIONS OF THE AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009 AFFECTING MUNICIPAL BONDS
[Alert]
Public Finance Alert
February 2009 (No. 1)
Marc S. Stein, Joan N. Stern and Robert I. Tuteur
LEHMAN BROTHERS HOLDINGS, INC. CHAPTER 11: SWAP AGREEMENTS WITH NON-DEBTOR AFFILIATES
[Alert]
Public Finance Alert
September 2008 (No. 4)
Marc S. Stein, Joan N. Stern and Robert I. Tuteur
EXTENSIVE COMPLIANCE INFORMATION BEING REQUESTED BY INTERNAL REVENUE SERVICE FROM ISSUERS OF TAX-EXEMPT BONDS
[Alert]
Public Finance Alert
June 2008 (No. 3)
Marc S. Stein, Joan N. Stern and Robert I. Tuteur
REDESIGNED FORM 990 IMPOSES EXTENSIVE NEW REPORTING REQUIREMENTS RELATING TO TAX-EXEMPT BONDS ISSUED BY OR ON BEHALF OF 501(C)(3) ORGANIZATIONS
[Alert]
Public Finance Alert
May 2008 (No. 2)
Marc S. Stein, Joan N. Stern and Robert I. Tuteur
MUNICIPAL MARKET TURMOIL
[Alert]
Public Finance Alert
April 2008 (No. 1)
Marc S. Stein
Cases & Deals
BLANK ROME SERVES AS CO-SPECIAL COUNSEL TO THE PHEAA STUDENT LOAN TRUST 2011-1
[Deal]
July 14, 2011
Marc S. Stein, Joan N. Stern, Grant E. Buerstetta, Mark I. Rabinowitz, Alan H. Lieblich, Lawrence R. Wiseman, et al.
Blank Rome served as co-special counsel to the PHEAA Student Loan Trust 2011-1 (the "Issuer"), a Delaware statutory trust, wholly owned by the PHEAA Student Loan Foundation, Inc.
BLANK ROME SERVED AS UNDERWRITERS' COUNSEL IN CONNECTION WITH THE ISSUANCE OF $325,526,000 OF QUALIFIED SCHOOL CONSTRUCTION BONDS
[Deal]
October 7, 2010
Marc S. Stein, Joan N. Stern and Dacia A. Haddad
Citi and Morgan Stanley, et al. as underwriters' counsel in connection with the issuance of $325,526,000 Pennsylvania State Public School Building Authority, Federally Taxable Revnue Bonds, Series A of 2010.
BLANK ROME REPRESENTS MORGAN STANLEY IN $400 MILLION BUILD AMERICA BONDS DEAL
[Deal]
November 12, 2009
Joan N. Stern, Marc S. Stein and William T. Benzing III
Morgan Stanley & Co. Incorporated as Underwriters' Counsel in connection with the issuance by the Commonwealth Financing Authority of its $400 million Revenue Bonds, Series D of 2009
BLANK ROME SERVES AS UNDERWRITER'S COUNSEL TO MERRILL LYNCH & CO. IN CONNECTION WITH THE ISSUANCES OF THREE SERIES OF BONDS
[Deal]
June 17, 2008
Marc S. Stein
Merrill Lynch & Co. as underwriter's counsel in connection with the third series of bonds issued by the Philadelphia Authority for Industrial Development as part of a pooled loan program comprised of $22,460,000 Series A-1 Bonds, $35,930,000 Series A-2 Bonds, and $14,675,000 Series A-3 Bonds.
BLANK ROME ACTS AS BOND COUNSEL TO THE PENNSYLVANIA STATE PUBLIC SCHOOL BUILDING AUTHORITY IN CONNECTION WITH BONDS FOR THE DELAWARE COUNTRY COMMUNITY COLLEGE
[Deal]
March 19, 2008
Marc S. Stein and William T. Benzing III
Pennsylvania State Public School Building Authority in connection with the issuance of its $59,635,000 College Revenue Bonds, Series 2008 issued for the benefit of Delaware County Community College ("College")
BLANK ROME DEAL LISTED AS ONE OF "TOP MULTI-FAMILY TRANSACTIONS IN 2006"
[Deal]
February 21, 2007
Martin Luskin, Marc S. Stein, Joseph T. Gulant, David Brier and Corey Tarzik
DRA Advisors LLC purchased an 85% stake in a nine-property portfolio from Camden Property Trust.