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.Audio Conference On American Recovery and Reinvestment Act available as Podcast

On March 17, 2009, the National Association of Bond Lawyers (NABL) hosted a teleconference, Perspectives on the Municipal Bond Provisions of the American Recovery and Reinvestment Tax Act: A Washington Conversation. To listen to an on-line recording of this teleconference, click here.

Nominations Sought for Friel Medal and Kiel Distinguished Service Award

The Bernard P. Friel Medal for distnguished service in public finance and the Frederick O. Kiel Distnguished Service Award for extraordinary service to NABL are bestowed at each year's Bond Attorneys' Workshop. A description of the awards, their past recipients and nomination forms are all available here. Nominations are due by Wednesday, July 15, 2009.

Bond Case Briefs Case of the Week

The City of Vallejo's chapter 9 filing was upheld by the Ninth Circuit Bankruptcy Appellate Panel despite unions' argument, among others, that the city should "have pillaged" funds, "ignoring bond covenants" (the court's words), before claiming insolvency. And, given the lack of an agreement with the unions, it was "impracticable" for the city to have negotiated with its bondholders, said the court. In re: City of Vallejo (6/26/09) http://pacer.bap09.uscourts.gov click on Opinions and scroll to City of Vallejo

Posted by C. Carlson 7/2/09

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The National Association of Bond Lawyers (NABL) exists to promote the integrity of the municipal market by advancing the understanding of and compliance with the law affecting public finance. A professional association incorporated in 1979, NABL has more than 3,000 members and is headquartered in Chicago.

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