November 1, 2010
McGuireWoods LLP announced today that partner David L. Richardson was elected a new Fellow of the American College of Bond Counsel during the college’s annual meeting in San Antonio last week.
Richardson is part of McGuireWoods’ Public Finance Department, where his primary focus is as bond counsel and underwriter's counsel for hospitals, retirement communities, colleges, universities, secondary schools and other nonprofits. He also devotes a significant portion of his practice to representing banks and other financial institutions that issue letters of credit and liquidity facilities in connection with tax-exempt transactions. He frequently represents borrowers, trustees, and industrial development authorities on tax-exempt financings and public-private partnerships.
The American College of Bond Counsel was created in 1995 to recognize lawyers distinguished for their skill, experience, and high standards of professional and ethical conduct in the practice of bond law; and who will contribute substantially to the accomplishments, achievements and good fellowship of the college as well as to the best interests of the bar and the general public through the fulfillment of objectives of the college.
The college’s objectives are to promote high standards of professional and ethical responsibility in the practice of bond law, to seek to improve bond law and practice; to make available to the bar and to the public authoritative educational materials in the field of bond law, to speak upon matters of interest and importance to bond law and practice before legislative, administrative and regulatory bodies, and elsewhere; to promote the continuing education of attorneys on issues affecting bond law; to provide forums for attorneys practicing bond law to meet and exchange ideas and professional experience; and to cooperate and consult with national, state and local bar organizations, government agencies, issuer organizations, and other groups which have an interest in bond law and practice, including but not limited to the National Association of Bond Lawyers.