Idaho Liquor License Update
During the final days of the 2023 term of the Idaho legislative session, Senate Bill 1120 (“SB1120”) was passed and signed into law. SB1120 makes…
ReadMike Stoddard is Chair of the firm’s Public Finance practice group and Legal Opinion Committee. He focuses his practice on bonds, public finance, securities, business organizations, mergers, and acquisitions.
Idaho
American Bar Association
National Association of Bond Lawyers
Best Lawyers in America, Public Finance Law, 2022
Idaho Business Review, Leaders in Law, Partner, 2019
Law School:
Vanderbilt University, J.D., 1985
Undergraduate:
Occidental College, A.B., 1982
Public Finance
Worked as bond counsel, underwriter counsel, issuer counsel, borrower counsel, and disclosure counsel on numerous public finance transactions in Idaho and surrounding states throughout the past two decades. Drafts and negotiates stock purchase agreements, asset purchase agreements, and other documents related to a merger and acquisition transaction.
General Counsel to the Idaho Health Authority
General Counsel to the Greater Boise Auditorium District
Public Development
$65,000,000 financing of the first significant public-private partnership created in Idaho with a subsequent $50,000,000 apartment and parking project.
Energy Projects
$488,000,000 wind farm project, 122 turbines located in 11 different sites in Idaho. Work included drafting organizational documents, authorizing resolutions, providing legal opinions on the organization of project entities, and enforceability of project documents. Heavy involvement in due diligence, local laws and restrictions, and permitting and entitlement issues.
Housing
Financing of a 12-site low-income housing complex in Oregon. The loan package included traditional construction financing and permanent loans, tax-exempt bonds, equity investment via tax credits, and some unique Oregon tax credits.
Finance
Represented numerous borrowers in negotiating credit facilities with lenders, including a $75,000,000 revolving facility provided by a consortium of banks secured by properties in the US and Canada.
During the final days of the 2023 term of the Idaho legislative session, Senate Bill 1120 (“SB1120”) was passed and signed into law. SB1120 makes…
ReadOn Friday, the Internal Revenue Service issued Notice 2022-55, providing its annual listing of cost of living adjustments in connection with retirement plans for 2023.
ReadCommercial real estate loans, by their nature, often are collateralized by real property in which third parties to the loan have concurrent interests and estates.…
ReadGovernor Little signed House Bill 703 (“HB 703”) on March 31, 2022, to be effective on July 1, 2022. HB 703 consolidates the bulk of…
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