Article 9 Rights, Remedies, Foreclosures, Receiverships
- Representing the New York State Housing Finance Agency as bond counsel for the development of 325 Kent Avenue Housing Revenue Bonds, including $41.2 million in 2015 and an estimated additional $44.4 million in 2018.
- Represented the New York State Housing Financing Agency as bond counsel for the remarketing of the 2008 West 37th Street Housing Revenue Bonds.
- Served as Bond Counsel to MassHousing in its issuance of $66,000,000 Multifamily Conduit Revenue Bonds to finance the acquisition and renovation of a 640-unit multifamily rental housing facility in Quincy Massachusetts to preserve low cost affordable housing. This was a unique financing structuring providing a conduit construction loan in connection with a Fannie-Mae backed permanent loan and the use of Low-Income Housing Tax Credits that will allow 90% of the units at the development to remain affordable for 30 years to residents earning at or below 60% of the area median income.
- Represented MassHousing in connection with the refinement of a program in partnership with FFB and HUD for the purchase of participation interests in MassHousing loans that participate in HUD’s Risk Sharing Program, ultimately allowing lower interest rates to improve and preserve affordable rental housing.
- Represented MassHousing in connection with all of their multi-family programs for over 20 years. In 2017, we served as bond counsel to MassHousing in connection with 10 bond issues totaling approximately $350,000,000 and 2 note issues totaling over $100,000,000 and issuer counsel in connection with their Federal Financing Bank Participation Certificate Program.
- Represented the new money investor of $30 million of senior debt in a senior housing development.
- Served as underwriters’ counsel for the issuance of the Colorado Housing and Finance Authority Single Family Mortgage Bonds, Class I Bonds, 2018 Series A, Class I Bonds, 2018 Series B-1 and Class II Adjustable Rate Bonds, 2018 Series B-2.
- Serving as bond counsel for the development of 325 Kent Avenue Housing Revenue Bonds, including the redevelopment of the Domino Sugar Site in Brooklyn, New York.
- Serving as bond counsel for the development of the Manhattan West Residential Housing Revenue Bonds, a project that began in 2015.
- Represented the indenture trustee and bondholders in the workout of a Mississippi affordable housing project with low income housing tax credits.
- Served as counsel to the underwriters in respect to bonds issued by the Colorado Housing and Finance Authority totaling over $750 million, under both its single family and multifamily housing resolutions. The transactions included Social Bonds, taxable, tax-exempt, and variable rate single-family mortgage bonds and multi-family projects bonds.
- Served as counsel to the underwriter on an issue by the Boston Housing Authority to refund Capital Fund Program Bonds for which we had served as bond counsel.
Case Study
Mintz represented Bay Point Capital Partners, LP in investigations pertaining to its financing of a prepetition sale-leaseback transaction related to the bankruptcy case of Mission Coal Company, LLC. Our attorneys negotiated a settlement that protected the lender’s interests and made it whole.
Case Study
Mintz represented the ad hoc committee in casino giant Caesars Entertainment Corp.'s Chapter 11 bankruptcy. Mintz’s early summary judgment filing helped its clients settle with Caesars. ML Strategies helped to lobby Congress to oppose Caesars's proposed amendments to the Trust Indenture Act.