Jay Nolan Appointed to Connecticut State Municipal Accountability Review Board

November 22, 2017

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. The eleven-member group was established by the biennial budget (Public Act 17-2) that Governor Malloy signed into law on October 31 and will serve as a municipal review board that is responsible for working with cities and towns in order to provide early intervention and technical assistance if needed, and to help financially distressed municipalities avoid insolvency or bankruptcy in exchange for greater accountability.

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SEC Amends Municipal Bond Continuing Disclosure Rules

August 21, 2018

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IRS Provides New Remedial Actions for Certain Tax-Exempt and Tax-Advantaged Bonds

April 16, 2018

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Connecticut Budget Act Increases Holdback for School Building Project Grants

November 2, 2017

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Symposium on Municipal Distress

Doug Gillette and Bill Goddard will be featured panelists during the UConn School of Law's Symposium on Municipal Distress on Friday, September 15.

September 15, 2017

University of Connecticut School of Law, William F. Starr Hall, Hartford, CT

MSRB Issues Advisory on Selective Disclosure of Material Information

September 14, 2017

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Assured Says It's Open to a Hartford Debt Restructuring

September 25, 2017

Doug Gillette was quoted in an article, "Assured Says It's Open to a Hartford Debt Restructuring," published in The Bond Buyer.

Day Pitney Recognized as Top Bond Counsel in Connecticut for 2016

February 21, 2017

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 Recognized as Top Bond Counsel in Connecticut for 2015

June 23, 2016

Day Pitney Press Release

Day Pitney Advises on $501.4 Million in Bond Sales for State of Connecticut

May 26, 2016

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.