Overview
Chapman and Cutler LLP's Public Finance Group attorneys regularly represent banks and trust companies in a variety of fiduciary capacities, including acting as bond trustee, master trustee and dissemination agent. Firm attorneys also represent financial entities serving as auction agents.
Trustees are often the most overlooked participants in public finance transactions, which is why we consider our job as their representatives so critical.
Trustee participation in the drafting and negotiation of documents can be problematic, but our experience as public finance attorneys serving myriad trustees and auction agents gives us a solid understanding of how to protect their interests while facilitating transactions.
From simple fixed rate governmental bond issues to multi-modal conduit issues payable from the obligations of a master trust, we strive to make the trustee's presence in a deal as responsive and timely as possible. Our teams work extensively with these clients to help them understand the complexities of their roles as skilled problem solvers.