Mitchell Rapaport

In the news

• The Bond Buyer

  New York Power Authority lights up market

  This article covering New York Power Authority’s $404.4 million of green revenue bonds brought to market this week mentions NP for serving as co-bond counsel on the deal. The NP team includes New York City partner Liz Columbo, Washington, DC partner Mitch Rapaport, New York City counsel Abbie Olsen, Washington, DC associate Noah Lebowitz, and New York City associates Kate Stack and Paul Dewey, all of the Project Finance & Public Finance practice.

  Oct 24, 2024
• The Bond Buyer

  Municipal Electric Authority of Georgia to sell $373 million in bonds

  This article mentions NP for serving as special tax counsel on the Municipal Electric Authority of Georgia's $373 million of subordinated bonds scheduled to price this week. Proceeds will be used for capital projects and for refunding bonds, commercial paper, and revolving credit notes. The NP team advising on the bond deal is led by Washington, DC Project Finance & Public Finance partner Mitch Rapaport.

  Aug 29, 2024
• The Bond Buyer

  Fitch upgrades LIPA ahead of its only deal this year

  This article covers the Long Island Power Authority’s recent upgrade by Fitch and its plans to price a billion-dollar issuance of electric system general revenue bonds on Tuesday, for which NP is mentioned as bond counsel. The NP team is led by Project Finance & Public Finance partners Chris Reitzel of New York City and Mitch Rapaport of Washington, DC.

  Aug 5, 2024
• The Bond Buyer

  Massachusetts public power agency closes bond deal for solar project

  This article covers the Massachusetts Municipal Wholesale Electric Company closing on a $15 million issuance of green bonds to complete the long-term financing of a solar project that will help six participating utilities meet the state’s upcoming emission targets. The article mentions NP for serving as bond counsel in the deal. The NP deal team was led by New York City partner Liz Columbo and included Washington, DC partner Mitch Rapaport, New York City counsel Barry Rothchild, New York City associate Paul Dewey, and senior paralegals Carolyn Yi-Medina and Patrick McGovern, all of the Project Finance & Public Finance practice.

  Jan 10, 2024
• Nashville Scene

  Titans financing clears bond market

  This article covers Metro Nashville and the state of Tennessee securing $1.2 billion to finance a new stadium for the Tennessee Titans and mentions NP for serving as special tax counsel in the bond sale. The NP team involved in the deal includes Project Finance & Public Finance partners Mitch Rapaport of Washington, DC and Johnny Hutchinson of New York City.

  Aug 30, 2023
• Law360

  Local organizations urge US justices to side with utilities in IRS fight

  This article covers a brief filed by the American Public Power Association and Large Public Power Council urging the US Supreme Court to review a lower court’s decision that found the IRS properly reduced payments it made to utilities because of sequestration. The article mentions Project Finance and Public Finance partner Mitch Rapaport and Complex Disputes senior counsel John Hayes and counsel Brian Whittaker, all of Washington, DC, for representing the American Public Power Association and Large Public Power Council in the case.

  Aug 18, 2023
• El Nuevo Dia

  The Highways and Transportation Authority’s adjustment plan goes into effect

  This article, which covers a debt restructuring of the Puerto Rico Highways and Transportation Authority outstanding indebtedness, mentions NP as legal advisors on the new indebtedness. The NP team includes Project Finance & Public Finance practice group leader Virginia Wong from New York, Washington, DC partners Mitch Rapaport and Carla Young, Los Angeles partner Angelica Valencia, New York associate Sebastian Torres-Rodriguez, and New York senior paralegals Carolyn Yi-Medina and Patrick McGovern, all of the Project Finance & Public Finance group.

  Dec 7, 2022
• The Bond Buyer

  Puerto Rico's restructured bonds will be exempt, and provide fresh high-yield liquidity

  This article on Puerto Rico’s restructured general obligation bonds mentions NP for the firm’s determination that the bonds will be tax-exempt. The NP team is comprised of New York City partners Virginia Wong, Ken Lind, and Liz Columbo, and associate Sebastian Torres; Washington, DC partners Mitch Rapaport and Carla Young; and Los Angeles partner Angelica Valencia, all of the Project Finance & Public Finance group.
  March 3, 2022
• The Bond Buyer

  Santee Cooper approves $1.3 billion tender, exchange bond refunding

  This article on Santee Cooper’s board approving a $1.3 billion tender and exchange bond refunding mentions the firm for serving as disclosure counsel. The NP team representing the South Carolina-owned utility company includes partners Liz Columbo, Virginia Wong, and Barry Rothchild of New York, Mitch Rapaport of Washington, DC, and New York counsel Abigail Olsen and associate Sebastian Torres-Rodriguez, all of the Project Finance & Public Finance group. Washington, DC Corporate partner Lloyd Spencer and Los Angeles Project Finance & Public Finance partner Dan Deaton assisted with the analysis of securities laws related to the tender and exchange.
  Feb 9, 2022
• Inframation News

  Virginia toll road refinancing bonds

  This article on the refinancing of Elizabeth River Crossings’ bonds, which were used to modernize a river tunnel system in Virginia, mentions the firm for the work by New York City partners Virginia Wong and Roddy Devlin and Washington, DC partner Mitch Rapaport, all of the Project Finance & Public Finance group, for serving as bond counsel.
  Jan 11, 2022
• Bond Buyer

  Treasury IRS propose rules to facilitate investment in bond-financed infrastructure

  Washington, DC, project finance and public finance partner Mitch Rapaport is quoted in this article on a move by the Treasury Department and IRA to clarify rules governing “the use of tax-exempt bonds in connection with public-private partnership projects.”
  June 12, 2018
• Law360

  New remedial actions for tax-advantaged bonds and P3s

  Nixon Peabody public finance partners Travis Gibbs of San Francisco and Mitch Rappaport, Bruce Serchuk and Carla Young of Washington DC co-wrote this analysis on the new IRS procedures that can be used “to cure impermissible use of bond-financed projects.”
  April 20, 2018
• The Bond Buyer

  Bond Lawyers Blast Proposed Political Subdivision Rules

  Washington, DC, Public Finance partner Mitch Rapaport is quoted in this article focused on the proposed political subdivision rules put forth by the Treasury Department and Internal Revenue Service.
  March 10, 2016
• The Bond Buyer

  GFOA Pushing Regulators on HQLA

  Washington, DC, Public Finance partner Mitch Rapaport is quoted throughout this piece on the Government Finance Officers Association’s efforts to galvanize public officials to pressure federal banking regulators into more permissive rules on municipal securities.
  June 1, 2015
• The Bond Buyer

  Virginia Bay Bridge District Fast-Tracks Subsea Tunnel

  New York City Public Finance partner Ken Lind and Washington, DC, Public Finance partner Mitch Rapaport are both noted as bond and disclosure counsel in this article on the Chesapeake Bay Bridge and Tunnel District of Virginia’s planned subsea tunnel.
  March 23, 2015