Taft Stettinius & Hollister LLP

  • Established in 1885
  • Firm Size 378
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Public Finance

Tax-exempt financing is available for the financing of capital projects for governmental entities, non-profit entities that are recognized as 501(c)(3) entities by the IRS, and, in certain limited cases, for private economic development projects. In Kentucky, the use of taxable industrial revenue bonds for private development is a means to provide a property tax exemption for the development during the term the bonds are outstanding.

Taft’s Public Finance attorneys have extensive experience in the major areas of tax-exempt and taxable financing. Members of the group have served as bond counsel, underwriter counsel, purchaser counsel, issuer counsel, credit enhancer counsel and borrower's counsel in virtually all types of tax-exempt and taxable public finance transactions, from traditional governmental general obligation and revenue bonds to third-party conduit bonds.

In addition, Taft’s public finance attorneys have vast experience with federal tax, federal securities and state laws as they relate to tax-exempt financing. Taft also has a large tax group and a large securities practice, both of which would be available should there be a need for additional tax or securities research or work.

The firm has been listed in The Bond Buyer’s Municipal Market Place (the “Redbook”) for over 30 years. Our legal opinions have been accepted and respected by issuers of bonds and underwriters of bonds in every case.

Our attorneys also have significant experience in the public law area and with tax incentives available to promote economic development and currently serve as special counsel relating to tax increment financing/economic development to the cities of Bowling Green, Independence, Winchester and Highland Heights, the Lexington-Fayette Urban County Government and the Warren County Downtown Economic Development Authority. Taft’s attorneys also represent and have represented numerous private clients with accessing available local, state and federal tax incentives to promote development.

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Peer Reviews

4.7/5.0 (419 reviews)
  • Legal Knowledge

    4.7/5.0
  • Analytical Capability

    4.7/5.0
  • Judgment

    4.7/5.0
  • Communication

    4.8/5.0
  • Legal Experience

    4.7/5.0
  • 5.0/5.0 Review for Brian Weinthal by a Other Legal Professional on 11/16/15 in Litigation

    Brian is as pro-active as he is brilliant. He is an astute legal thinker and a devoted advocate who earns the respect of colleagues and adversaries.

  • 5.0/5.0 Review for Ryan White by a Partner on 07/19/14 in Intellectual Property

    A very hard worker who zealously represents his clients. Very high level of knowledge and skill that he applies in creative ways to exceed the expectations of his clients.

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Diversity

embracing the benefits of many perspectives.

At Taft, we are committed to creating an inclusive culture of individuals from diverse backgrounds.  This commitment allows us to fulfill our primary mission—serving our clients to the highest standards of professional excellence.  But a diverse culture benefits our professionals as well:  it fosters teamwork and opportunities for professional growth and personal satisfaction. 

Taft gives fair and equal treatment to all employees and applicants for employment regardless of race, gender, color, ancestry, religion or creed, age, national origin, disability, marital or civil union status, familial status, veteran status, or sexual orientation.  More than that, Taft actively seeks to hire and promote diverse, talented professionals. 

The following examples highlight Taft’s efforts to foster diversity in the firm:

  • Recruitment.  Taft participates in and sponsors internships and clerkships that provide substantive legal experience to women, law students of color and law students from a variety of diverse backgrounds.  Taft actively recruits these individuals by working collaboratively with student organizations and attending job fairs, conferences and workshops. 
  • Retention.  Retention of our attorneys is a key element of the firm’s long-term success.  We nurture well-rounded professionals from a variety of backgrounds through mentoring, training and professional development programs.  Beyond just retaining valued members of our team, we seek to provide them with the skills to enable them to continue to grow as attorneys.
  • Work and life balance.  Taft recognizes that a healthy balance between a professional's work and private life is essential to lasting success, for both the individual and the firm.  Taft offers alternative work-scheduling programs, remote access, flexible hours and countless opportunities for meaningful community involvement both within and outside of Taft.
  • Promotion and leadership.  Taft is proud that 60% of its new partners in the last four years were women.  Diverse professionals  also are involved in firm leadership and actively participate in recruiting and mentoring.

These examples provide a clear perspective on Taft’s commitment to its diversity mission.  And while Taft has made great strides in improving its diversity, we constantly strive to find new and better ways to promote diversity as a meaningful part of the way we do business.

Thomas Terp
Chairman of the Executive Committee and Managing Partner

Taft Stettinius & Hollister LLP

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