Marc S. Stein

Member
Board of Directors
Chair, Public Finance

Overview

Marc Stein focuses his practice in public finance. He represents varied clients, including state agencies and authorities; borrowers, including corporate and 501(c)(3) entities; investment banks; municipalities and school districts; industrial development authorities; municipal authorities; corporate trustees; commercial lenders; and swap counterparties. Marc recently served as bond counsel to a water authority in a transaction that involved the borrowing of funds for capital projects, the refunding of six series of outstanding bonds, and the creation of a new trust indenture that replaced a bond resolution originally drafted in 1939. He serves as bond counsel or 501(c)(3) counsel to numerous colleges and universities.

Representative Matters

  • Served as underwriter’s counsel to Allentown Neighborhood Improvement Zone Development Authority for $183.9 million tax revenue bonds (Series 2012A) with $40.4 million tax revenue bonds (Series 2012B).
  • Served as underwriter’s counsel to State Public School Building Authority for $477.2 million aggregate principal amount federally taxable revenue bonds, qualified school construction bonds – direct subsidy, and qualified zone academy bonds – direct subsidy.
  • Served as co-special counsel to PHEAA Student Loan Trust 2011-1 for $1.67 billion student loan asset-backed notes, Series of 2011-1.
  • Served as bond counsel to Chester Water Authority for $63.7 million water revenue bonds, Series of 2014.
  • Served as special counsel to the borrower Northampton County General Purpose Authority with respect to higher education fixed rate revenue bonds (Lehigh University), for $66.1 million.
  • Served as special counsel to borrower Montgomery County Industrial Development Authority with respect to revenue bonds (The Baldwin School), for $18.1 million.

Professional Affiliations

  • Delaware County Bar Association
  • National Association of Bond Lawyers
  • Pennsylvania Association of Bond Lawyers, Member and Past President

Community Involvement

  • West Point Parent’s Club of Southeastern Pennsylvania, Past Vice President

Awards and Recognition:

  • Selected for inclusion in The Best Lawyers in America – Municipal Law and Public Finance Law
  • Named Best Lawyers’ 2016 “Municipal Law Lawyer of the Year” in Philadelphia
  • Named Best Lawyers’ 2015 “Public Finance Law Lawyer of the Year” in Philadelphia

News and Insights

Publications

Media Coverage