by Bob Jessup | Jun 6, 2014 | Blog
Standard & Poor’s Ratings Services recently sent a letter to the local governments for which it maintains ratings – apparently that’s about 20,000 issuers across the United States. In the letter, S&P tells issuers they need to send to S&P documents from...
by Bob Jessup | Jun 6, 2014 | Blog
Back in February, I posted this article on why I think the LGC’s proposed debt maturity guidelines are unfair as applied to refundings of long-term USDA debt. In March, the LGC staff said it would assemble a small stakeholders group to work through the proposed...
by Bob Jessup | Jun 1, 2014 | Blog
Every lawyer probably has his or her own list. Let me mention three that affect the North Carolina local government and public finance practice. Change the existing prohibition on “gifts and favors” Section 133-32 of the General Statutes may be the biggest joke in the...
by Bob Jessup | May 4, 2014 | Blog
“I guess I can give you that information — it’s a matter of public record.” Most of us lawyers who work with local governments have heard this – many of us probably have said it. But just because a piece of information is a public record, that doesn’t mean a...
by Bob Jessup | Apr 11, 2014 | Blog
We’ve all been in meetings like this — I just didn’t know there was an accepted term for the phenomenon – Imagine a city council meeting with three agenda items: a $100 million power plant zoning approval, a request to build a $10,000 bike rack for city...
by Bob Jessup | Mar 20, 2014 | Blog
You can’t finance a house without signing completed loan documents in front of an attorney, or at least a legal assistant under direct supervision (meaning generally, in the same room or maybe the next room) of an attorney. You can’t even finance a car without signing...
