Day Pitney LLP is pleased to announce that Linda L. D'Onofrio has joined the firm's New York office as a member of the Municipal Finance practice group. Ms. D'Onofrio specializes in tax law relating to public finance and taxable and tax-exempt financial instruments, including derivative products. She joins the firm as of counsel after serving as a partner with Blank Rome, LLP.
Ms. D'Onofrio's experience includes tax analysis and structuring of municipal bond transactions, all forms of mortgage and asset-backed securities transactions, bank conversions and other financial instruments for a wide range of both issuer and in investment banking clients.
Additionally, Ms. D'Onofrio has focused on new-product development in the municipal and structured finance areas, and she has had primary involvement in the expansion of creative financing techniques for all municipal and asset-backed securities. This includes seeking both public and private rulings from the federal government on, among other issues, the tax aspects of multi-class securities offerings, variable interest rate offerings, owner-trust/partnership structures involving stripped securities for both governmental and private entities and the "$150 million limitation" applicable to 501(c)(3) tax-exempt financings. Ms. D'Onofrio also participated in drafting various legislative proposals that ultimately led to the passage of the REMIC provisions of the 1986 Tax Reform Act.
Ms. D'Onofrio is also an active member of the community, including her recent election to serve as trustee of the New York Citizens Budget Commission, a nonprofit civic organization that aims to influence the finances and services of New York City and New York State government.
"Linda has a well-deserved national reputation as a leading tax attorney on municipal bond matters and other complicated transactions, and her presence in the firm's New York office will greatly enhance the capabilities of the municipal finance team," said Douglas W. Gillette, chair of Day Pitney's Municipal Finance practice group. "Her arrival advances our plan to enhance our tax and public finance offerings."
"Day Pitney's strength in the public finance area and its commitment to expanding in the New York market make this a unique growth opportunity for me and the firm," said Ms. D'Onofrio. "I look forward to contributing to the development of the public finance team's offerings in the municipal and structured finance areas."
Prior to joining Blank Rome, Ms. D'Onofrio was a shareholder at Winstead, a partner at Winston & Strawn (formerly Whitman Breed Abbott & Morgan LLP), of counsel at Jones, Day, Reavis & Pogue, and a partner at Webster & Sheffield. Ms. D'Onofrio is a graduate of Smith College and received her J.D., cum laude, from Georgetown University Law Center and her LL.M. in Taxation from New York University School of Law.
About Day Pitney
Day Pitney LLP is a full-service law firm with approximately 375 attorneys operating in offices in New York, New Jersey, Connecticut, Boston, and Washington, DC. With strong corporate and litigation practices and a commitment to client service, we represent large national and international corporations, as well as emerging and middle market companies and individuals.
On September 24, Day Pitney attorneys Judith Blank, Douglas Gillette, Glenn Rybacki and Namita Shah gave a presentation at the New England States Government Finance Officers Association (NESGFOA) 71st Annual Fall Conference in Mystic, CT.
Day Pitney Alert
Day Pitney Alert
Day Pitney Alert
Doug Gillette and Bill Goddard will be featured panelists during the UConn School of Law's Symposium on Municipal Distress on Friday, September 15.
On November 22, Connecticut Governor Dannel P. Malloy announced that he is appointing Jay Nolan to serve as his appointee on the state's recently created Municipal Accountability Review Board.
Doug Gillette was quoted in an article, "Assured Says It's Open to a Hartford Debt Restructuring," published in The Bond Buyer.
Day Pitney LLP has once again been recognized as Connecticut's number one bond counsel firm by volume, serving as bond counsel on issues in Connecticut totaling approximately $1.7 billion in 2016, according to The Bond Buyer, a daily newspaper serving the municipal bond industry.
Day Pitney Press Release
Hartford, Conn., May 26, 2016 - Day Pitney LLP represented the State of Connecticut as lead bond counsel and disclosure counsel in a general obligation refunding bond sale of $501.4 million. The sale resulted in saving of $75.5 million in debt service costs over the life of the refinanced bonds. The Nappier administration has an active debt refunding program which has saved taxpayers $1.1 billion to date.