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Developing innovative pricing structures and alternative fee agreement models that deliver additional value for our clients.
Advancing professional knowledge and offering credits for attorneys, staff and other professionals.
Helping clients respond correctly when a crisis occurs.
Providing our clients with legal, strategic, and practical advice to make transformational changes in their organizations.
Leveraging law and technology to deliver sound solutions.
We help clients create positive return on investments in people, products, and the planet.
Delivering seamless service through partnerships across the globe.
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Industry-leading conferences focused on affordable housing, tax credits, and more.
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Creating positive impact in our communities through increasing equity, access, and opportunity.
We provide strategic counsel on complex corporate transactions and unite dynamic women in the dealmaking arena.
Bruce Serchuk focuses his practice on tax issues as they relate to debt securities, particularly tax-exempt bonds.
I advise clients regarding the tax aspects of tax-exempt bond transactions, acting primarily as bond counsel, borrower’s counsel and underwriter’s counsel. I have participated in a wide variety of bond transactions, including financings for governmental facilities, student loans, multifamily housing, stadiums and nonprofit hospitals, universities and cultural institutions. I also spend a significant amount of time working on IRS examinations and voluntary closing agreements.
My time in government gave me the experience needed to provide accurate and practical advice to clients. Prior to joining the firm, I worked in the Office of Tax Policy at the Treasury Department, and the Office of the Chief Counsel at the Internal Revenue Service. At Treasury, I was an attorney-advisor responsible for drafting published guidance and providing advice regarding legislative issues relating to tax-exempt bonds. While at the IRS, I was the senior technician attorney in the Tax-Exempt Bond Branch, responsible for drafting published guidance and for drafting and reviewing private letter rulings and technical advice memoranda, including rulings regarding arbitrage, private activity bonds and mixed-use allocations.
While at the IRS, I provided advice in connection with various enforcement matters, negotiated closing agreements and trained IRS audit personnel. I draw upon these experiences and the contacts I made when clients are faced with IRS examinations or the need to self-correct violations through the IRS’ voluntary closing agreement program.
I expect a continued emphasis on the IRS enforcement side of the public finance practice, with more and more time spent by issuers and their professionals on ensuring they are in compliance with the tax law.
This article covers a $520 million refinancing for Grand Canyon University through the Industrial Development Authority of the County of Maricopa Education Bonds. NP is mentioned in the coverage for serving as counsel to Goldman Sachs in connection with the GCU bonds. The NP team was led by Los Angeles Project Finance & Public Finance partner Dan Deaton, and included PBFN partner Bruce Serchuk of Washington, DC and associates Georgia Sackey and Kate Stack of New York City, and Washington, DC Corporate partner Lloyd Spencer.
This article covers a $520 million refinancing for Grand Canyon University through the Industrial Development Authority of the County of Maricopa Education Bonds. NP is mentioned in the coverage for serving as counsel to Goldman Sachs in connection with the GCU bonds. The NP team was led by Los Angeles Project Finance & Public Finance partner Dan Deaton, and included PBFN partner Bruce Serchuk of Washington, DC and associates Georgia Sackey and Kate Stack of New York City, and Washington, DC Corporate partner Lloyd Spencer.
This article on an unrated $163 million land development bond for The Village Community Development District No. 15, which will fund residential infrastructure construction, mentions NP as co-bond counsel. The NP team advising on the bond deal includes Washington, DC Project Finance & Public Finance partners Bruce Serchuk and Carla Young.
District of Columbia
New York
George Mason University School of Law, J.D.
Lehigh University, College of Business and Economics, B.S. Bu., Accounting
Press Release
Press Release
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