H|PF attorneys handle all aspects of tax-exempt and taxable bond financings. As such, we are frequently called upon to provide defeasance counsel services in connection with our role as bond counsel on transactions involving the defeasance and redemption of previously issued bonds.

In our role as defeasance counsel, we review the terms of the bond documents related to the outstanding obligations, draft escrow agreements or letters of instruction, and render our opinions regarding the defeasance of the outstanding series of bonds pursuant to the bonds’ authorizing documents.